Industry players are also bullish.
It’s the only deregulated market in the country, enabling private developers to build new projects and sell the electricity, along with the associated renewable energy credits, to corporate customers through long-term power purchase agreements . “Alberta’s renewable energy boom is demonstrating that there’s more to this province than oil and gas,” Greengate Power CEO Dan Balaban wrote in aIn a report this month, the Alberta Electric System Operator said the province has 1,179 MW of installed solar capacity, and 3,618 MW of wind projects now operating.
Some industry watchers have wondered how long the trend can continue and the grid’s capacity for more additions.