October 2, 2017 - EDA Media Release
Medicine Hat Alberta (October 2, 2017).
Our region, our jobs, our community.
Energy has long been one of Alberta's principal and fundamental industries. Over the span of a few short months we have seen a change to the landscape of renewable energy in Southeast Alberta (SE AB). The conversation around the need to diversify how energy is produced and harnessed has increased.
With over 40% of all renewable energy projects being considered within our region.... READ THE FULL RELEASE HERE
A recent report by the federal government think tank Policy Horizons Canada states that the global dominance of fossil fuels could wane faster than previously expected, with renewable energy being cheaper than non-renewable energy in the next 10-15 years, which would then threaten Canada's status as an "energy superpower".
Alberta is often referred to as an energy superpower, but the commodity nature of non-renewable fossil fuels leads to unpredictable cycles of boom and bust. However, recent plans, policies, and regulations from Alberta’s government for encouraging renewable energy development in Alberta could help supplement the provinces’ energy sources and lead to a more stable energy economy.
Alberta’s Climate Leadership Plan illustrates the Alberta government’s commitment to developing the provinces’ renewable energy sector. This plan involves phasing out coal, diversifying energy sources with at least 30% of electricity coming from renewable energy by 2030, keeping the cost of renewables down, and reducing greenhouse gas emissions (GHGEs) from coal-fired electricity. This plan shows the governments’ commitment to creating new opportunities and getting Albertans back to work.
Alberta Labour, Economic Development Alliance (EDA) of Southeast Alberta, and Medicine Hat College were proud to present the Southeast Alberta Energy Diversification Symposium on March 2 – 3, 2017. As part of a collaborative partnership, these partners conducted a study of the emerging renewable energy industry in Southeast Alberta (SE AB) and how this industry would impact both the regional economy and labour market.
Industry experts and municipal representatives discussed their experiences on the impacts and opportunities for energy diversification, covering these topics: