Alberta policies have dampened investor confidence in renewables: report [Video]

A report from clean energy think tank Pembina Institute suggests investor confidence in Alberta’s renewables sector has been dampened by provincial policy moves.

Authors of the report released Wednesday looked at the provincial electrical system operator’s queue of projects waiting to connect to the grid between 2021 and 2024.

That data gave them a sense of investor interest in Alberta renewables before and after the province imposed a surprise seven-month moratorium on new wind and solar projects in 2023.

With the threat of U.S. tariffs continuing to loom, Alberta should be actively seeking out every investment dollar it can, said Scott MacDougall, director of the Pembina Institute’s electricity program.

“There is strong evidence that Alberta has weakened renewable energy investments through its actions to date,” he said in a news release.

“The good news is the growth in low-cost renewable electricity is continuing elsewhere in Canada and the world, so …