Alberta's renewable energy industry faces uncertainty with project approval moratorium

It was just supposed to be a pause, a breather for an overburdened regulator and concerned public to catch up with an industry growing beyond expectations. But for those who study the renewable electricity industry, as well as for those in it, the six-month moratorium on project approvals slated to come off in February could turn out to be a crucial stumble that costs Alberta its lead, perhaps forever.

"It's unlikely to think this kind of pause and decision will have no impact on investment," said Sara Hastings-Simon of the University of Calgary's School of Public Policy."It's hard to know how large (the impact) is … but we're in a competitive market to attract capital." As recently as last summer, the sun shone bright and the breezes were favourable for Alberta renewables. The Business Renewable Centre, a group that links buyers and producers of renewable energy, said Alberta was on track to see $3.7 billion worth of construction by the end of this year, creating more than 4,500 job

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Greenhouse Gas Emissions from Alberta's Energy Industry Underestimated by Nearly 50%A new study from Carleton University's Energy and Emissions Research Lab reveals that emissions of a potent greenhouse gas from Alberta's energy industry are underestimated by nearly 50%. The study also highlights that oil and gas produced in the province emit significantly more methane for the energy produced compared to other jurisdictions. The findings serve as a warning to the industry, emphasizing the importance of reducing methane intensity to maintain market access.
La source: calgarysun - 🏆 63. / 52 Lire la suite »

Mountain Man Takes on Australian Company in Alberta Coal BattleVern Emard, a lone mountain man, is challenging a company owned by the richest Australian in a new coal battle in Alberta. Emard leads the way to his 'palapa' on his remote property and shares his connection to the land. He spends more time in the palapa due to pack rats in his cabin.
La source: CBCNews - 🏆 2. / 99 Lire la suite »