Alberta's surprise move this month has also prompted some domestic companies to consider whether to refocus investment on other provinces and the U.S.
The move has increased tensions between Smith and Prime Minister Justin Trudeau's Liberal government, which is drafting regulations to force provinces to eliminate greenhouse gas emissions from their grids on a net basis by 2035. "Those investment decisions ... are not going to move forward until the government clears this up," Dye said.Alberta has led the country in building renewable capacity and is on track to eliminating combustion of coal for power next year, six years ahead of plan.BHE Canada, EDF Renewables and Enel Green Power generate renewable power in Alberta. Companies have invested nearly C$5 billion since 2019, according to the Pembina Institute.
Calgary-based BluEarth Renewables is reviewing the 400 megawatts' worth of early-stage wind and solar projects it was considering for the province, although it has no projects currently in Alberta's approval queue, said CEO Grant Arnold.