Between $44 billion and $52 billion in capital investments would be needed to reach the net-zero targets set out by the federal government by 2035, said the Alberta Electrical Systems Operator (AESO) in a 78-page report released last week. On Thursday Kevin Dawson, AESO director of forecasting and analytics, presented the report to stakeholders and said there is a need for big investments to get the grid to net-zero, which will include meeting demand needs and getting the energy out to consumers.

Bank of Nova Scotia and Evolugen, the Canadian operating business of Brookfield Renewable, signed a 15-year renewable energy power purchase agreement for solar energy in Alberta.