The Alberta government plans to introduce legislation on Thursday aimed at getting the province to its 30 per cent renewable power target by 2030.
The Renewable Electricity Act will set out a competitive process to add 5,000 megawatts of new renewable power capacity in the same 14-year period.
The province estimates the program will result in new investment of at least $10.5 billion and create 7.200 jobs.
The first round of bidding next year will be for 400 megawatts of renewable projects that would start by 2019.
“These announcements will make Alberta the leading market for renewable energy in Canada,” explained Environment Minister Shannon Phillips.
The minister said winners of the initial phase will be ones that put forward the most viable and cost-effective proposals.