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Report finds Alberta’s restrictive renewables policies dampened investment

  • A Pembina Institute report released on May 28, 2025, finds that Alberta’s restrictive policies have significantly reduced investment in renewable energy projects in the province.
  • The report attributes the decline primarily to a surprise seven-month moratorium in 2023, bans on developments near protected areas and agricultural lands, new fees, and regulatory uncertainty.
  • Alberta asserts it is at the forefront of renewable energy investment in Canada and has reduced electricity prices while enhancing grid reliability, but for the first time, the number of new projects awaiting grid connection has declined.
  • In 2024, clean energy attracted the majority of worldwide energy investments, yet Alberta is falling behind other Canadian provinces and regions such as Australia and Texas, where the number of new clean energy projects continues to rise.
  • The report recommends that Alberta clarify its vision, modernize regulations, and fast-track projects in suitable areas to restore investor confidence and potentially regain national leadership in renewables.
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The Globe & Mail broke the news in Canada on Wednesday, May 28, 2025.
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