Alberta's Renewable Energy Investment Falls 99% Due to Policy Changes
Corporate renewable energy investment in Alberta plummeted by 99% in 2025, the first year without new wind power additions since 2018, due to government policy changes including a moratorium on new projects and stricter regulations. This decline follows a period of significant growth, with around 1,000 megawatts added annually from 2021 to 2023, now expected to drop to about 200 megawatts. Additionally, Nova Scotia has overtaken Alberta in corporate power purchase agreements, indicating a shift in investment dynamics.
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Corporate renewable energy investment in Alberta dropped by 99% in 2025, marking the first year without new wind power additions since 2018. The decline is attributed to government policies, including a moratorium on new projects imposed in 2023.
This was followed by new regulations that restricted project profitability and weakened the carbon pricing scheme. Between 2021 and 2023, approximately 1,000 megawatts of renewable electricity were added annually, but this is expected to fall to around 200 megawatts in 2025. Nova Scotia surpassed Alberta in corporate power purchase agreements, leading to a significant shift in investment dynamics.
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