""We've got a new paradigm that allows us to look at growth capital for Canadian gas-powered AI projects," said Capital Power CEO Avik Dey, following the suspension of regulations."
"The Memorandum of Understanding (MOU) between the federal government and Alberta lists increasing oil production as its first objective, while also suspending clean-electricity regulations."
"The MOU proposed the development of AI data centres in Alberta, highlighting a potential new use for the province's considerable gas resources."
"Capital Power communicated with the Carney government close to forty times regarding the elimination of clean-energy regulations, according to federal lobbying records."
Capital Power is developing a large AI data centre in Alberta powered by natural gas. The company lobbied the federal government multiple times in 2025 to eliminate clean-energy regulations, which were subsequently dropped from a fossil fuel accord signed in November 2025. This accord allows for new gas turbine-powered data centres. The agreement has faced criticism from environmentalists and Indigenous communities, as it prioritizes oil production and suspends clean-electricity regulations.
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