twitter icon

Winner of Canada's
2010 Business
Magazine of the
Year Award


Falling capital costs add to the appeal of wind energy in Alberta’s alternative energy mix

But transmission capacity and a deregulated power market remain significant hurdles

May 01, 2009
Subscribe Email This Post Print This Post Bookmark and Share

There’s nothing like sporting a skirt at a southern Alberta farm to impress upon the wearer, and surrounding onlookers, the mighty force of the region’s wind. Perhaps it was the sight of skirts whipping across girls’ legs that inspired entrepreneurs to imagine harnessing that power for the more boring but practical purpose of replacing some of the province’s coal-fired electricity with an emissions-free alternative.

Helped by Canada’s only deregulated power market, energy visionaries used the southern prairie winds to make Alberta the nation’s wind power pioneer, sailing ahead of all other provinces in output until just recently. Images of turbines against the backdrop of the Rocky Mountains became commonplace. Wind farms cropped up across the southwest, producing around four per cent of the province’s electricity.

Even now – in defiance of economic theory that as fossil fuel prices tank, costly renewable energy development drops too – interest in developing wind power in Alberta is rising. Plans for more wind power abound. Alberta Energy has 3,377 megawatts of wind projects on the books, projected to be built by 2013. Since mid-December alone, three new wind projects have been announced, says department communications officer Kristin Stolarz. The total lineup of projects, including long-range plants, is just over 12,000 MW.

Environmental virtue is not the only explanation for the clean power lineup. Price tags on wind power projects are decreasing.

“Energy costs have come down, capital costs are down significantly, the costs of labor and turbines are down quite a bit from even six months ago,” says Marc Stachiw, vice-president of Alberta Wind Energy Corporation. Also, and arguably more importantly, there is some headway in removing one of the main obstacles against wind power’s growth – limited electricity transmission capacity.

For a long time, AWEC was held back by a lack of power lines. The firm’s Oldman River Project near Pincher Creek had been ready to go for so long that many of its permits expired while waiting for transmission capacity to materialize.

Pages: 1 2 3 4

Issue Contents

Recent posts by Patrycja Romanowska

Europe’s boom in wind energy has nothing to do with altruism • June, 2010

Renewable energy relies on strong government support

American energy firms look to tap European shale gas • April, 2010

Poland alone has granted 44 permits in the last two years for unconventional gas exploration to ‘giants of the gas world’

Peak oil is a crock, scientists at Sweden’s KTH Royal Institute of Technology believe • February, 2010

A Russian’s theory of infinite oil supplies persists

Green Oil author Satya Das charts course for clean energy future • December, 2009

Book combines climate change politics with Alberta economics, the royalty debate and an awful lot of report summaries

Alberta energy service and supply sectors wallow in gutted capital markets • October, 2009

Return to the flush times of freely-flowing cash that characterized the financial world in the earlier part of the decade unlikely

Author Jeff Rubin predicts collapse of global trade at Alberta oil sands talk • October, 2009

Why Your World is About to Get a Whole Lot Smaller author predicts triple-digit oil prices

‘Head-in-the-sand’ approach to carbon trading does Alberta government no favors • August, 2009

Insisting exclusively on Alberta-based emissions reductions – such as a tight focus on carbon capture and storage – is not going to benefit Albertans in the long run

Peter Tertzakian ponders energy obesity in new book • June, 2009

An industry insider asks if a balanced, proactive approach to consumption can stop overindulgence

Related Posts

Comments

2 Responses to “Falling capital costs add to the appeal of wind energy in Alberta’s alternative energy mix”


  1. JD Webb says:

    This was cool to read, thanks.