Quebec Launches $87 B Plan for 77% Renewable Power by 2050

On June 30, 2026, Bernard Drainville, representing the Quebec government, unveiled a new resource management plan in Varennes. The initiative allocates $87 billion over a 25‑year period and sets a target of achieving 77 percent renewable energy consumption across the province by the year 2050.

The announcement marks the most expansive financial commitment to renewable energy in Quebec’s recent history. By spreading the investment across a quarter‑century, the plan is designed to guide the province’s transition through multiple phases, from infrastructure development to integration of renewable sources into the existing grid.

The core objective is to raise the share of renewable energy in the province’s overall consumption to 77 percent by mid‑century. The plan’s long‑term horizon reflects an effort to align Quebec’s energy profile with broader climate and sustainability goals while ensuring that the required resources are deployed in a measured, coordinated manner.

Details of the strategy include a focus on expanding hydroelectric capacity, encouraging wind and solar projects, and modernising the management of natural resources to support clean energy generation. The $87 billion budget is intended to fund these initiatives, as well as associated research, development, and regulatory frameworks necessary for a sustained shift toward renewable sources.

Quebec’s new resource management plan serves as a roadmap for the province’s energy future, outlining how public and private stakeholders will collaborate to meet the 77 percent target. By setting a clear timeline that extends to 2050, the government aims to provide certainty for investors and communities alike, while positioning Quebec as a leader in North American renewable energy adoption.

The unveiling in Varennes underscores the province’s commitment to a systematic, financially backed approach to decarbonising its energy consumption. With the plan now public, the next steps involve detailed project planning, procurement processes, and ongoing monitoring to track progress against the 25‑year schedule.

Overall, the $87 billion, 25‑year plan signals Quebec’s intention to embed renewable energy at the heart of its resource management and consumption patterns, aiming for a substantial shift in the province’s energy mix by 2050.