11 Oct '17, 9pm

Blog: Three ways to fully capture the economic potential of Alberta’s wind energy sector https://t.co/ZyROSAnjkT

Blog: Three ways to fully capture the economic potential of Alberta’s wind energy sector https://t.co/ZyROSAnjkT

Because wind energy projects and wind energy manufacturing facilities have high up-front capital costs, project developers and wind turbine manufacturers are seeking to invest in those markets that offer opportunities for new development over an extended period. Because there is significant global competition for new investments in wind energy, jurisdictions hoping for increased development require a clear, steady, and long-term renewable energy procurement policy. Sending clear signals to wind project developers and investors is necessary to create the investment environment required to achieve dramatic increases in local spending and job years. For example, a clear commitment to a series of larger procurement phases (e.g., 1,500 MW every three years), rolled out in smaller, manageable pieces could be considered.

Full article: http://canwea.ca/blog/2017/10/11/three-ways-fully-capture...

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