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Land Leases for Renewable Energy Projects in Alberta - Vimarsana News

Land Leases for Renewable Energy Projects in Alberta

In 2016, the Province of Alberta passed the Renewable Electricity Act, cementing its commitment to increasing the amount of green energy produced in Alberta, with a goal of 30 percent of Alberta's electricity coming from renewable sources by 2030. Since that time, the number and size of renewables projects in Alberta, particularly utility-scale wind and solar projects, have grown rapidly. In 2022, Alberta accounted for over three-quarters of all new wind and solar capacity growth in Canada, and the Alberta Electric System Operator AESO has projected that renewables will account for 30 percent ...

Land Leases for Renewable Energy Projects in Alberta | Bennett Jones LLP - Vimarsana News

Land Leases for Renewable Energy Projects in Alberta | Bennett Jones LLP

[co-author: Sydney Olsen - Articling Student] The Province of Alberta will become the Canadian leader for utility-scale wind and solar capacity in five years, according to a recent analysis by Rystad Energy. A flurry of renewable projects in Alberta would increase installed capacity from 1.8 GW of wind to 6.5 GW, and 0.1 GW of solar to 1.8 GW, by 2025. This would overtake Ontario as Canada's leading jurisdiction for utility-scale wind and solar says Rystad, an independent energy research company based in Oslo, Norway. This rapid growth has brought a greater focus on understanding the legal as...