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How Australia Caught the Wave While Alberta Built a Wall

  • Writer: Larry Peters
    Larry Peters
  • Jan 29
  • 3 min read

Updated: Feb 2


By January 2026, the global energy map has been redrawn, and two regions, Australia and Alberta, couldn’t be further apart. While the "Land Down Under" is celebrating a "landmark moment" as renewable energy surges past 50% of its total generation, Alberta is grappling with the fallout of a self-imposed "moratorium" that critics say has choked its once-booming green economy.


The question for every body today isn’t just about "climate change", it’s about who is winning the economic war of the 21st century.


Australia: The Renewable Jackpot

According to a report by The Age, Australia’s National Electricity Market just hit a historic milestone: renewables and large-scale batteries now provide over half of the country’s power. The result? Wholesale electricity prices have "tumbled" by over 30%.


Australia didn’t just stumble into this; they leaned into a hard economic truth. As Scientific American recently detailed, the cost of generating electricity from wind and solar is now lower than that of coal and natural gas, even without government subsidies. Onshore wind costs as little as $37 per megawatt-hour (MWh), while new natural gas plants can cost nearly triple that. Australia treated solar panels and "Big Batteries" like the new gold rush, forcing expensive, aging coal plants to take a backseat. For the average Australian, "green" now simply means "cheap."


Alberta: The "Pause" That Freezes

Contrast this with Alberta. Only a few years ago, Alberta was the "Renewable Capital of Canada." Then came the "moratorium", a government-mandated pause on new wind and solar approvals, ostensibly to protect "pristine viewscapes" and agricultural land.


While the pause has officially lifted, the investment climate has "cratered." New reports indicate that for the first time in seven years, zero new wind projects were announced in Alberta in 2025. Corporate investment has plummeted by 99% as developers flee to jurisdictions that don't change the rules halfway through the game. While Scientific American notes that existing fossil fuel plants can still be competitive, the global trend is clear: building new fossil fuel capacity is becoming an economic liability that Alberta seems determined to ignore.


The Great Debate: Progress vs. Protection

This is where it gets controversial.


The Australian Model is a gamble on the "Levelized Cost of Energy" (LCOE). Supporters say it’s the only way to lower costs and save the planet. Detractors, however, point to the "intermittency" problem, what happens when the sun doesn't shine? They argue that the rush to renewables might leave the grid vulnerable if battery technology can't scale fast enough to replace "baseload" power.


The Alberta Model is a gamble on "caution." Supporters argue we shouldn't ruin prime farmland or clutter mountain views with turbines just for a few years of cheap power. But the counter-argument is stinging: by blocking the cheapest form of new electricity, Alberta is intentionally keeping power prices high and chasing away the very jobs the next generation, your generation—needs. At Big Rock Power, we call the moratorium a "political hit job" designed to protect the legacy of oil and gas at the expense of the taxpayer's wallet.


The Bottom Line

Australia is riding a record-breaking surge of cheap, clean energy that is putting money back in citizens' pockets. Alberta, meanwhile, has built a regulatory wall that has left $33 billion in investment hanging in the balance.


As you look toward your future, ask yourself: Would you rather live in a place that treats the energy transition like an inevitable wave to be caught, or a place that treats it like a threat to be managed? In 2026, you can't have "pristine views" and "cheap power" if you aren't willing to build for the future.


If you want to learn more about Australia’s experience with renewables, this video is relevant because it explains the risks and economic consequences of delaying renewable projects, providing a direct parallel to the current situation in Alberta.

 
 
 

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