Renewable Energy Boom in Alberta

Alberta has experienced a significant rise in renewable energy capacity, particularly in wind and solar power. By October 2022, wind and solar accounted for 22% of the province's generation capacity, a substantial increase from just 9% five years prior. This growth was facilitated by large corporations like Microsoft and Amazon entering the market, purchasing long-term power contracts that supported project funding. However, despite the initial boom, Alberta's government has since put a halt to new renewable projects, causing concern about the future prospects of the industry.