Wind ‘benefits’ Alberta $3.7bn
CanWEA report says province’s clean power plans could create 15,000 jobs
Alberta’s plans to add 5GW of new renewable energy capacity by 2030 could result in $3.7bn in spending in the Canadian province with the right support policies, according to a new report.
The report – ‘Alberta Wind Energy Supply Chain Study’ – by The Delphi Group for the Canadian Wind Energy Association (CanWEA) finds that if wind energy were to meet 90% of the government’s commitment, it would result in an estimated $8.3bn of investment in new wind energy projects in the province.
The projects would create 15,000 jobs by 2030 and generate $25.5m in municipal property taxes and $13.5m in land lease payments to Alberta land owners.
“A long-term renewable energy procurement policy that sends clear signals to wind project developers and investors, will create the investment environment required to achieve these dramatic increases in local spending and job years,” CanWEA said.
Expanding Alberta’s existing climate policy goals to include greater electrification of the economy would spur even further industry growth, it added.