August 9, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The Alberta government last week announced it had directed the Alberta Utilities Commission (AUC) to pause approvals for new renewable energy-generation projects with a capacity greater than 1 megawatt (MW) until at least February 29, 2024, starting August 3, to review policies and procedures for the development of new renewable generation.
Industrial Info is tracking $20.8 billion worth of active renewable-generation projects in Alberta, including $5.6 billion worth that fall within Industrial Info's assessment of having a high or medium probability (70% or more) of moving forward as planned. Of the high- to-medium-probability projects, $3.4 billion worth is under development.
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