25 May '15, 5pm

Alberta election raises hopes for #renewables, new ideas #windfacts

Alberta election raises hopes for #renewables, new ideas #windfacts

Alberta election raises hopes for renewables, new ideas For the first time in over four decades, Alberta elected a new government on May 5th 2015 bringing in to power the NDP for the first time in the province’s history. This historic change in power also brings with it the potential for clean energy opportunities in the province as it looks to lower its emissions and improve its environmental public image. While wind energy has grown in Alberta to just over 1,400 MW, the vast majority of these projects have had out of market support that have unlocked investment and financing. Without some degree of revenue predictability, the capital intensive nature of renewable energy projects such as wind will remain at a market disadvantage in Alberta, in spite of wind energy now being one of the lowest cost options for new electricity supply. Several market forecasts have found the ...

Full article: http://canwea.ca/alberta-election-raises-hopes-for-renewa...

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