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Carney Government Faces Renewables Slump and Conservative Party Rift

More cancellations than new project proposals in Alberta's energy queue reflect the impact of last year’s renewables moratorium.

Overview

  • A Pembina Institute report reveals that Alberta’s seven-month moratorium on wind and solar projects in 2023 and subsequent policy shifts have weakened investor confidence.
  • Alberta Electric System Operator data show 9.5 GW of renewable projects were canceled last year compared with 8.3 GW of new proposals.
  • The Alberta Utilities Commission approved 44 new generation projects totalling 3.6 GW over the past year, including 2.8 GW from renewables.
  • Ottawa is grappling with the threat of U.S. tariffs and has been urged to restore market confidence to secure clean-energy investment.
  • Conservative Party members and voters have criticized Pierre Poilievre’s combative style and Danielle Smith’s separatism stance, calling for refreshed leadership.