Alberta is one of the few jurisdictions in Canada with significant new generation requirements. However, with limited current opportunities for long term contracts to support new developments and unless new facilities are built as dedicated self-supply (i.e. oil sands co-generation) or developed for strategic portfolio reasons, new projects will need to rely on merchant prices to provide sufficient returns and debt coverage. There is growing consensus in industry that the demand for new generation and pending changes to existing policies are converging to support significant generation investments in Alberta, including new renewables.
KPMG has built one of Canada’s largest Power & Utilities practices comprised of professionals who have relevant industry backgrounds and devote their talent and tactical skills to helping clients grow, enhance shareholder value and succeed in the marketplace.
Dowload the report to learn more about the future of renewable energy in Alberta.