Alberta envisions 5,000 MW of new renewable capacity by 2030

The Alberta Ministry of Environment and Parks said Sept. 14 that a firm target of 30% of the province’s electricity will come from wind, hydro and solar by 2030.

To help achieve this 30 by ’30, the Government of Alberta will support 5,000 MW of additional renewable energy capacity for Albertans, the province said in a news release.

“Growing our renewables sector is a transformational opportunity for Alberta to become a more energy-efficient, lower-carbon province,” said – Shannon Phillips, Minister of Environment and Parks and the minister responsible for the climate change office.

To reach this target, it is estimated that at least $10.5bn in new investment will flow into the provincial economy by 2030. This will mean at least 7,200 new jobs for Albertans as projects are built, the ministry said.

Through the Renewable Electricity Program, the province will solicit enough investment in Alberta’s electricity system to meet the target, while ensuring projects come online in a way that does not impact grid reliability and is cost-effective. The program will be run by the Alberta Electric System Operator (AESO).

To be eligible for support within the Renewable Electricity Program, projects must:

•be based in Alberta

•be new or expanded

•be 5 MW or greater in size

•Meet the Natural Resources Canada definition of renewable sources.

Further details on how the program will operate will be released later this year. The program will be based on recommendations provided to government by the AESO. The operator completed stakeholder consultations earlier this year to help inform its recommendations to government. Government is now working with AESO on detailed program design and remains on target to release details of the program in the coming months.

Work is also underway to improve Alberta’s rules around smaller-scale electricity generation, including micro-generation.

http://www.alberta.ca/release.cfm?xID=434069BDC1E17-D70A-8BEE-63FDAE67F6CC37EA

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.