Alberta counties and renewable energy developers are still waiting for new provincial power-market rules that could reshape the future of clean energy investment in the province. Even though wind and solar projects have received approvals, construction on many of them remains paused because companies are uncertain how planned changes to Alberta’s electricity system will affect them. This regulatory uncertainty is more significant in rural communities that stand to gain tax revenue and economic activity from green power projects. They’re unsure when or if those benefits will materialize.
In an article from CBC News, several representatives in rural Alberta spoke to this issue. You can read their stories and opinions here: “Alberta counties, green power companies await new power rules” — CBC News
Municipal officials and industry stakeholders emphasize that clear, stable rules are crucial to keeping projects moving forward. Without clarity on how the changes will impact pricing, grid access and market participation, many developers say they cannot commit to the next phases of construction or financing. Unfortunately, this is threatening potential clean energy growth in Alberta’s traditionally volatile energy market.
Full article – https://www.cbc.ca/news/canada/calgary/alberta-counties-green-power-companies-await-new-power-rules-9.7049045