in News Departments > New & Noteworthy
print the content item

Within 20 years, Alberta has the potential to drastically reduce its reliance on fossil fuels for power generation and replace it with renewable energy sources such as wind, solar, biomass, hydro and geothermal energy, according to a new report by Clean Energy Canada and the Pembina Institute.

New modeling conducted for the report, titled "Power To Change: How Alberta Can Green its Grid and Embrace Clean Energy," also shows that increasing clean electricity production will actually cost consumers less in the long run than continuing to rely so heavily on coal or natural gas combustion.

The report finds that a large-scale shift to clean energy would slightly increase the average price paid for electricity in the near term (6.3% by 2023). Soon after, however, the price difference would begin to shrink and ultimately head in the opposite direction. By the year 2033, the report says the cost of power would be 4% lower than it would be if the province opted to continue to rely on carbon-based generation. The clean energy scenarios could also provide greater security for consumers against unexpected fuel price shocks, the report adds.

“Polling tells us that the vast majority of Albertans are ready to reduce their reliance on coal power and transition to a renewable energy future. Now we know that a wholesale energy transformation is not only technically possible, but that in the long run, it will actually save Albertans money,” says Merran Smith, executive director of Clean Energy Canada.



Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934