December 13, 2017
This follows yesterday’s announcement that the Government of Alberta has selected four projects for the first round of the Renewable Electricity Program (REP), an initiative that aims to source 30% of Alberta’s power from wind, solar and hydro by 2030.
“As an Alberta-based company, we’re proud to be selected amongst global competition to be one of the first projects under this program to drive Alberta’s transition to a clean energy future,” says Brian Vaasjio, president and CEO of Capital Power.
“With the exceptional wind resource in southeast Alberta, Whitla Wind will be an excellent and low-cost source of new wind power for Albertans.”
The Whitla Wind Facility is located 45 kilometres southwest of Medicine Hat on more than 33,000 acres of land in the County of Forty Mile.
“This is big news for the entire region,” says Ryan Jackson, CEO, Invest Medicine Hat. “It’s the beginning of a new industry in Southeast Alberta. Congratulations to Capital Power, the County of Forty Mile and everyone else who had a hand in bringing this project to life.”
As Southeast Alberta’s largest service centre, Medicine Hat stands to serve the renewable energy industry in everything from accommodation to material supply and construction services.
The first round of the REP attracted investment from international and Alberta-based companies and is expected to create approximately 740 jobs.
By 2030, the REP is expected to attract at least $10 billion of investment and create more than 7,000 jobs across the province.
Currently, there are 85 proposed solar and wind projects in the Alberta Electric System Operator (AESO) queue and 41% of them are proposed for Southeast Alberta, according to the 2017 Southeast Alberta Energy Diversification Symposium (SEEDS) Report.
Due to the region’s rich solar and wind resources, skilled workers, and history in in energy development, SEEDS predicts the region will become a leader in wind and solar energy.
The province will announce a second round of bids for the REP in early 2018, opening the opportunity for even more renewable energy projects to get underway in Southeast Alberta.