{"id":2289,"date":"2017-12-17T02:33:33","date_gmt":"2017-12-17T03:33:33","guid":{"rendered":"https:\/\/madaresharghi.com\/canadas-oil-capital-making-leap-to-renewable-energy\/"},"modified":"2017-12-17T02:33:33","modified_gmt":"2017-12-17T03:33:33","slug":"canadas-oil-capital-making-leap-to-renewable-energy","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/canadas-oil-capital-making-leap-to-renewable-energy\/","title":{"rendered":"Canada\u2019s Oil Capital Making Leap to Renewable Energy"},"content":{"rendered":"

madaresharghi<\/a>
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\tThe government of Alberta\u2014home to the world\u2019s third-largest oil reserves\u2014has auctioned off 595 megawatts of renewable energy capacity to be built in the province, which exceeded the government\u2019s target of 400 megawatts.
\tThe process marks a major step for Alberta\u2014Canada\u2019s largest consumer of coal and its second-largest producer of the fuel\u2014in its efforts to transition to all renewable and gas-fired generation by 2030.
\tRather than a change in direction, Alberta\u2019s government billed the move toward renewables, part of its Climate Leadership Plan, as a continuation of the province\u2019s leading position in energy, Bloomberg reported.
\t\u201cIt\u2019s an industry that\u2019s going to continue to be at the core of who we are and what we do for many, many years to come,\u201d Premier Rachel Notley said at a news conference.
\tThe winning bidders were Capital Power Corp., which is planning a wind farm with 201 megawatts of capacity, EDP Renewables, which is developing a 248-megawatt project, and Enel Green Power SpA, which will build two wind farms with a total capacity of 146 megawatts, according to an emailed statement. Combined, the wind farms can power more than 250,000 homes, officials said.
\tThe weighted average bid was 3.7 Canadian cents (3 US cents) a kilowatt-hour, the lowest price for wind power ever in Canada. Developers agreed to sell power for 8.5 Canadian cents a kilowatt-hour in an Ontario unit last year.
\tThe Climate Leadership Plan seeks to phase out all pollution from coal-fired electricity and get 30% of the province\u2019s power, or about 5,000 megawatts of capacity, from renewable sources by 2030. The first round of the competition started with a request for expressions of interest in March and saw 29 projects advance to the bidding stage.
\tThe government of Alberta, controlled by the left-leaning New Democratic Party, has sought to balance efforts to curb climate change while not harming the province\u2019s major industry.
\tAlberta\u2019s oil sands contain the world\u2019s third-largest stores of crude, with proven reserves of about 165.4 billion barrels and produced about 2.5 million barrels of crude bitumen last year, roughly the same oil output as the entire country of Mexico.
\tCoal is also a major industry in Alberta. The province consumes about two-thirds of the fuel used in Canada for generating electricity, according to the nation\u2019s natural resources department.<\/p>\n

\t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

madaresharghi The government of Alberta\u2014home to the world\u2019s third-largest oil reserves\u2014has auctioned off 595 megawatts of renewable energy capacity to be built in the province, which exceeded the government\u2019s target of 400 megawatts. The process marks a major step for Alberta\u2014Canada\u2019s largest consumer of coal and its second-largest producer of the fuel\u2014in its efforts to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"\nCanada\u2019s Oil Capital Making Leap to Renewable Energy - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/canadas-oil-capital-making-leap-to-renewable-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada\u2019s Oil Capital Making Leap to Renewable Energy - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi The government of Alberta\u2014home to the world\u2019s third-largest oil reserves\u2014has auctioned off 595 megawatts of renewable energy capacity to be built in the province, which exceeded the government\u2019s target of 400 megawatts. 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