ATCO Ltd.’s power subsidiary Canadian Utilities reported the devaluation of its roughly $1 billion in Alberta renewable energy assets in a recent financial disclosure . A skeptic when it comes to the merits of renewable power, her government has imposed a range of new limits to renewable project development, including a seven-month moratorium on new approvals in 2023. The lack of new power transmission lines from the wind- and solar-heavy southeast part of Alberta has forced the system regulators to curtail some companies’ generation. It noted a 93 per cent drop in newly installed wind, solar and storage capacity between 2022 and 2025. Weis said that recent federal-provincial discussions about increased transmission interties between Alberta and British Columbia could help reduce the persistent congestion that’s plaguing wind and solar generators.

Source: CBC News March 14, 2026 18:04 UTC