Jeremy Barretto was recently quoted in the article “Renewable Power Market Booming in Alberta: Experts,” published by Alberta Prime Times.
Writes Jennifer Henderson: “Alberta has become a destination for renewable energy projects due to the unique electricity market and prime weather in the province, experts say. The province will see $3.75 billion in investment in the renewable sector by 2023.”
Jeremy notes that, historically, Alberta and other provinces were building renewable projects with government incentives or subsidies. This has rapidly changed in recent years: “Specifically in Alberta where renewable projects — so wind projects, or solar power projects — are being built with no subsidies and with private companies entering into agreements to buy the power.”
“That’s what I would say has led to a surge of new projects being financed, approved, and built in the province.”