Alberta’s Energy Minister had a great opportunity last week to promote the province’s energy sector south of the border, at the Bloomberg Future of Energy Global Summit in New York City.
Marg McCuaig-Boyd (pictured above at the podium) spent a lot of her time discussing the province’s Renewable Electricity Program.
“There was a lot of interest about the details and how they can find out about investments. We gave some of the details as we know them right now. I’m quite confident now that we’re going to get a lot of interest on investment, as we go towards our Renewable Electricity Program,” said McCuaig-Boyd.
The program sees 30 percent of Alberta’s electricity coming from renewable sources, like solar or wind, by 2030 as 5,000 megawatts of renewable energy will be injected into the system.
At the summit, McCuaig-Boyd was given an hour to speak as part of a panel discussion.
“I led off with an overarching [explanation] of where Alberta’s going, and how we’ve got a new Climate Leadership Plan and we’re investing,” she said. “Then we actually had three of our investors talk about it from their perspective, and then our regulator as well. And then there was time for some questions, and I have to say there was quite a bit of interest in where we’re going in Alberta.”
“We had over 80 companies asking about it.”
The province anticipates upwards of $10 billion to be invested in the private sector for the Renewable Electricity Program by 2030, and believe it could create over 7,000 jobs.
There were 150 speakers at the Bloomberg Future of Energy Global Summit with over 1,000 attendees.