“Why not state your real concern in plain English. ‘The profitability of my company and others in the renewable energy business is being negatively impacted by the refusal of the citizens of Alberta (aka ‘the government’) to financially subsidize transmission.” ( – Bill Mazurek to David Vonesch, below)
David Vonesch of the Canadian Renewable Energy Association, posted on social media:
… Continue ReadingA $408M write-down of ATCO’s wind and solar projects and development pipeline! Alarm bells are ringing loudly now but is anyone listening?
While the solar and wind industry has seen our concerns largely fall on deaf ears within government and at the Alberta Electric System Operator (AESO), this should be a major wake up call for ALL Albertans that want to see investment of ANY kind in this province. Material, punitive and retroactive – Alberta is writing the book on how to kill investment: “provincially legislated changes … have materially and retroactively altered the economic conditions under which these renewable assets were developed and financed,” the ATCO company said.
“Politics giveth and politics taketh away. May political risk become more of a constraint for those companies (think battery, wind, and solar) that feast off special government favor instead of fundamental consumer demand.”
The domestic EV market–and the battery industry serving it–is in steep decline. The latest? “SK Battery America cuts 958 jobs at Georgia plant amid EV sales slowdown.” Subtitle: The South Korean battery manufacturer reduced its workforce at its Commerce, Georgia, facility by about 37% as EV demand weakens and policy changes reshape the market.
Author Ashby Lincoln explained how shifting market and political winds resulted in the malinvestment.
“… at least 18 brands have now decided to drop existing models, scrap upcoming plans or, at the least, stretch their launches out, hoping to see demand rebound…. [And] don’t be surprised if some other brands join the club in the near future.” – Autoblog, March 15, 2026
“After years of rapid growth,” a recent article in Autoblog stated, “the electric vehicle boom is hitting turbulence.” Paul Eisenstein’s “These 18 Automakers Are Walking Away from EV Plans,” continued:
With demand slowing and incentives fading, at least 18 automakers are now canceling, delaying, or scaling back EV plans in the U.S., including major brands like Ford, Honda, Nissan, and Volkswagen.