Alberta’s NDP government sets 5,000-megawatt renewable power target
CALGARY — Alberta will offer financial aid to renewable power projects worth $10.5 billion to achieve its goal of having 30 per cent of its power come from renewable sources by 2030, Environment Minister Shannon Phillips announced Wednesday.
She said the province must add 5,000 megawatts of electricity generating capacity from wind, solar and hydro projects to fill the gap as coal-fired generation is eliminated.
However the cost isn’t known yet, she said, nor are details of how new projects will be selected. The province intends to screen requests for support from private developers through an auction, but Phillips said the details won’t be announced until November.
“Its goal is to provide the most certainty in terms of the support from the people of Alberta and at the lowest cost,” she said.