UCP candidates Brian Jean, Rebecca Schulz point to Alberta Electric System Operator report that says the cost to transition by 2035 would be between $44-billion to $52-billion
“It is the most expensive political promise ever made in Alberta history,” Mr. Jean told reporters.
Blake Shaffer, an economics professor at the University of Calgary and former head trader for TransAlta Corp., said it is fair to question whether it would be feasible to transition to a net-zero electricity grid by 2035. But he said the AESO figures skew the debate. Kathleen Ganley, an NDP candidate running for re-election in Calgary, said in a statement that a net-zero grid will be important for attracting global investment. She added that natural gas, when paired with carbon capture, utilization, and storage, will still have a role in Alberta’s future.on Wednesday, Nancy Southern, the chief executive officer of Calgary-based energy company ATCO, labelled government energy transition policies “inflationary by nature.
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