Alberta's Clean Energy Story
Located in Western Canada, Alberta is a province rich with a beautiful environment, abundant natural resources, a strong economy and a stable political system. We Albertans are proud of our home, and know we share responsibility to protect our planet. We are doing our part to move the world towards a clean energy future.
The challenge we all face is how to get there. The global demand for energy needed to drive cars, spur economic growth and improve living conditions continues to grow. We must continue to develop renewable and alternative forms of energy while being more efficient with the energy we already produce and use.
The world will continue to rely on fossil fuels for some time to come, so it is crucial that the world gets its energy from regions that take environmental and humanitarian responsibilities seriously and work to improve how fossil fuels are developed and used. With the world's third largest proven oil reserves, Alberta is front and centre in these efforts.
Our efforts and lessons learned are useful around the world as we all work towards the same goal a sustainable, global energy future.
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Jurisdictions around the world are looking for more environmentally sustainable ways to extract energy, produce it and use it to power our day-to-day lives. Alberta is no different.
Our greatest opportunity to further Alberta's clean energy story will come from technology. Many clean energy technologies are already proven and simply require a better way to deploy them on a large scale. Some remain to be proven, while others have yet to be imagined.
Alberta is also increasing the share of renewables in our own electricity mix currently about 17 per cent through strategic investments in technology and programs that nurture a growing renewable industry in the province. Alberta is already one of the top wind power producers in Canada.
The guiding principle to our actions is the need to balance environmental protection, economic growth and a high standard of living for Albertans.
Reducing Greenhouse Gas Emissions
Alberta was the first jurisdiction in North America with mandatory greenhouse gas emission reduction targets for large emitters across all sectors.
Our program includes a price on carbon, a regulated carbon offset market and a clean energy technology fund worth over $398 million (as of April 2013).
We are achieving real results with more than 40 million tonnes of reductions to date off of business as usual. These steps are only our first. Alberta will ensure our industry operates under a comparable level of effort to our competitors. We will continue to push for policies that reduce emissions at the source.
Climate change is fundamentally an energy issue and we are all energy consumers. Ultimate success relies on curbing global consumption while reducing emissions at all stages, from production to use.
Carbon Capture and Storage
Alberta's $1.3 billion commitment to this clean energy technology will result in a collection of projects, pipelines, storage and financing that is unique in the world.
As carbon capture and storage is a global strategy to reduce greenhouse gas emissions, there are tremendous opportunities for those who have knowledge and experience they can provide to others around the world.
Alberta Innovates is the province's strategic hub for research and technology innovation. It coordinates the efforts of government, post-secondary institutions, industry and funding organizations that are committed to working cooperatively to reduce environmental impacts of energy development. All non-proprietary knowledge is shared to help speed up clean energy technology development worldwide.
The Oil Sands
Alberta is home to the third largest proven reserve of oil in the world the majority being in the oil sands. Oil sands, sometimes referred to as tar sands, is a natural mixture of sand, water and bitumen (a thick, heavy crude oil). Oil sands production involves separating the bitumen from the sand and then upgrading and refining into a variety of consumer products.
About 1.9 million barrels of raw crude bitumen are produced every day in the oil sands. That number is expected to more than double within the decade. Alberta is one of the few non-OPEC regions in the world that can accommodate significant growth in oil production to help meet continued and growing consumer demand.
Oil sands development brings with it tremendous benefits to the people of Alberta and Canada. Royalties, tax revenue, jobs and investment translate into valuable government services and wealth for our citizens. For example, forecasts show the oil sands industry will provide 450,000 jobs across Canada annually for the next quarter century (Canadian Energy Research Institute).
The size and nature of the oil sands does present significant challenges. At first, the challenge was how to extract the resource both technically and economically. As the industry has matured, the challenge has become focused on making operations more efficient and more environmentally sustainable.
Government and industry are taking action to overcome the challenges. Alberta's oil sands industry continues to operate under some of the most stringent regulations and standards in the world that hold industry accountable for environmental performance at all times.
The Joint Canada-Alberta Implementation Plan for Oil Sands Monitoring will be fully implemented by 2015, meanig increased sampling frequency, parameters, and locations. It also integrates relevant parts of existing monitoring efforts and gives government and industry the scientific foundation necessary to continue to promote the environmentally sustainable development of the oil sands.
The program is designed to provide an improved understanding of the long-term cumulative effects of oil sands development.
In May 2013, Alberta established funding for the province's enhanced oil sands monitoring program, in collaboration with industry and the federal government. Industry has committed up to $50 million a year for three years to support the program.
In June 2013, Alberta created a single provincial regulator for upstream energy resource activities involving oil, gas, oil sands and coal - the Alberta Energy Regulator (AER). AER is a unified one-window approach that makes it easier to navigate the system.
The End Game
Clean energy is one of the biggest challenges of our time. Overcoming the obstacles will require efforts from all of us around the world. We'll have to change the way we think about and use energy, alter our consumption patterns,and consider our responsibilities in a global context.
Alberta believes we will get there by establishing realistic targets and regulations today, and investing in clean energy technology for tomorrow.
- Population: 3.93 million (Jan 2013)
- GDP: $274.4 billion in 2011
- Key industries: energy, construction, manufacturing, real estate and professional services
- Proven oil reserves: 170 billion barrels (3rd globally)
- Oil production: 2.5 million barrels/day (1.9 million barrels/day from oil sands)
- Natural gas production: 10.1 billion cubic feet/day
- Energy exports value: $68 billion (2012)
- Greenhouse gas emissions: 242 Mt (2011)
- Oil sands emissions: 55 Mt (2011) -- 23% of Alberta, 8% of Canada, < 0.15% of world
- Taxes: lowest overall regime in Canada