December 13, 2024 Calgary, Alberta Natural Resources Canada
In the 21st century, a reliable and affordable clean electricity grid is the backbone of a strong economy. Today, more than 80 percent of Canada's electricity is generated from clean sources like hydropower, wind, solar and nuclear - and it's a big part of the reason why companies are choosing to invest in Canadian workers and business. By taking action to expand clean power, new economic opportunities are being unlocked while families and workers are getting ahead with lower energy bills.
Today, Member of Parliament George Chahal announced investments totalling over $152 million for nine clean electricity projects in Alberta through the Smart Renewables and Electrification Pathways Program (SREPs). These solar, wind energy and grid infrastructure upgrade projects will support the delivery of reliable, affordable and clean electricity in Alberta, a key sector for economic growth, and are expected to displace approximately 760,000 tonnes of harmful carbon emissions per year, once commissioned, and generate enough electricity to power upward of 170,000 homes. That's more homes than in all of Red Deer, Lethbridge, Airdrie and Fort McMurray combined.
As demand for electricity grows, the opportunity to power our communities and the world with clean, affordable and reliable power is a win-win-win - for workers, for affordability and for the environment. The Government of Canada's plan is working to drive GHG pollution down while the economy grows and inflation cools. Together, with provinces and territories, Indigenous Peoples, municipalities, industry and workers, the Government of Canada is seizing the opportunity ahead to build a strong economy with good jobs and to ensure a healthy environment for our children and grandchildren.
