The Globe and Mail reports in its Thursday, March 5, edition that Capital Power chief executive officer Avik Dey is upbeat for powering new data centres in Alberta, as the province develops rules for connecting more projects to the grid while ensuring consumer reliability and affordability.
A Canadian Press dispatch to The Globe reports that Mr. Dey said: "The market environment is increasingly becoming more attractive for Alberta. The pace at which the announcements are coming out may not be at the pace that the market is expecting. But I think below the surface, the work that's being done to facilitate new generation coming in has been in some ways leading North America. We continue to be excited about it, and frankly more excited today than I've been at any other point in time."
The Alberta government aims to attract $100-billion in data centre development by the end of this decade, hoping to lure tech behemoths like Meta. Some power generators have been looking at opportunities to provide power exclusively to a tech partner, while others have been eyeing options to add more juice to the overall grid.
The province aims to fast-track the "bring your own power" proposals through the regulatory process.
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