r country is at a crossroads. The climate crisis is becoming increasingly urgent: global warming could be irreversible by 2030, we’re losing species at up to 10,000 times the normal rate, and by 2050 as many as 200 million people could be displaced by climate-related disasters. Meanwhile, geopolitical tensions, like the war between Russia and Ukraine, is putting global energy security at risk. We’re still importing oil from foreign countries—sometimesthat doesn’t make sense to me.
Solar has been deployed all over the world for decades—in the deserts of the United States, in the Middle East, China and India—but until recently it hadn’t yet come to Canada on a large scale. People ask: “What do you do about snow? Is it financially feasible?” It turns out solar works better in relatively cool climates, provided there’s enough sun. Travers’s technology tracks the sun throughout the day, tilting and dumping off snow if necessary.
In general, Alberta is a really good place to do business. We have a well-structured regulatory environment and stringent greenhouse gas regulations. Earlier on in Greengate’s history, we pushed, along with a number of others, for the decarbonization of Alberta’s electricity grid. Many incumbent power generators in this province were reluctant to make the transition. But Alberta is now planning to be completely off coal by the end of 2023, replacing it with a combination of natural gas, which is less carbon-intensive, and a lot more renewables. This is driven in large part by Alberta’s strong carbon pricing on the largest emitters.
We’re seeing a lot of investment in Alberta right now in both wind and solar. As of last year, four new renewables projects, originally developed by Greengate, were under construction and will soon be supplying electricity into the grid. We’ll need many more of these projects across the country if we’re going to meet our 2035 targets. Canadian policies must stay in step with measures taken in the U.S. with their Inflation Reduction Act.
dan_balaban Currently on a good day, Alberta might make 5% of its electrical needs with solar energy (source: ReliableAB). If this is all that 1.3 million solar panels does for us, we have a very long way to go.
dan_balaban How much of fed money helped that happen?
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Source: macleans - 🏆 19. / 71 Read more »