Potential offtaker

Government of Alberta

www.alberta.ca

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Which other companies from Canada are actively involved in decarbonization initiatives?
  • Nutrien Ltd.
  • Canada Post | Postes Canada
  • Air Canada
  • Thomson Reuters
  • WSP Global Inc.
  • Nexii Building Solutions Inc.
  • The Government of Alberta is the governing body of the province of Alberta in Canada. The province is located in Western Canada and is known for its vast natural resources, including oil and gas, forestry, and agriculture. The government of Alberta is responsible for managing the province's resources, infrastructure, and public services. In recent years, the government has been focused on decarbonisation and transitioning to a low-carbon economy.

    Decarbonisation is the process of reducing carbon emissions and transitioning to renewable energy sources. The Government of Alberta has recognized the importance of decarbonisation and has set ambitious targets to reduce greenhouse gas emissions. The province has committed to reducing emissions by 30% below 2005 levels by 2030. This target is in line with Canada's commitment to the Paris Agreement, which aims to limit global warming to below 2 degrees Celsius.

    To achieve its decarbonisation goals, the Government of Alberta has implemented a number of policies and initiatives. One of the key initiatives is the Renewable Electricity Program (REP). The REP is a competitive procurement process that encourages the development of renewable energy projects in Alberta. The program aims to add 5,000 megawatts of renewable energy capacity to the province's grid by 2030. The REP has been successful in attracting investment in wind and solar projects, and has helped to create jobs in the renewable energy sector.

    Corporate energy is the energy consumed by businesses and organizations. The Government of Alberta has recognized the importance of reducing corporate energy consumption and has implemented a number of programs to help businesses become more energy efficient. One of the key programs is the Energy Efficiency Alberta program. The program provides funding and incentives for businesses to invest in energy-efficient technologies and practices. The program has helped businesses to reduce their energy consumption and save money on energy bills.

    Corporate power purchase agreements (PPAs) are contracts between businesses and renewable energy developers. The contracts allow businesses to purchase renewable energy directly from the developer, often at a lower cost than traditional energy sources. The Government of Alberta has encouraged the use of corporate PPAs as a way to increase the demand for renewable energy and support the development of new projects. The government has also implemented policies to make it easier for businesses to enter into PPAs, including the removal of regulatory barriers.

    Renewable energy is energy that is generated from renewable sources, such as wind, solar, and hydro. The Government of Alberta has recognized the importance of renewable energy and has set a target to generate 30% of the province's electricity from renewable sources by 2030. The province has abundant renewable energy resources, including strong winds and ample sunshine. The government has implemented policies and initiatives to support the development of renewable energy projects, including the REP and the Climate Leadership Plan.

    In conclusion, the Government of Alberta is committed to decarbonisation and transitioning to a low-carbon economy. The province has set ambitious targets to reduce greenhouse gas emissions and generate more renewable energy. The government has implemented a number of policies and initiatives to support these goals, including the Renewable Electricity Program, the Energy Efficiency Alberta program, and the encouragement of corporate power purchase agreements. The province's abundant renewable energy resources and supportive policies make it an attractive destination for renewable energy investment.

    ✓ Current offtaker under Corporate PPA's