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The Department manages the development of provincially owned energy and mineral resources by industry and the assessment and collection of non-renewable resource revenues in the form of royalties, freehold mineral taxes, rentals and bonuses. The Department promotes development of Alberta’s energy and mineral resources, recommends and implements energy and mineral related policy, grants rights for exploration and development to industry and establishes and administers fiscal regimes and royalty systems. The Department’s resource portfolio includes natural gas, conventional oil, oil sands, petrochemicals, electricity, coal and minerals.
Vision
Alberta is a global energy leader, using its world class knowledge, expertise and leadership to develop the vast energy resources of the province and to market these resources and abilities to the world.
Mission
Optimize the sustained contribution from Alberta’s energy and mineral resources in the interests of Albertans.
Core Businesses, Goals, Strategies And Measures
The Ministry has four core businesses. The first three Core Businesses are the responsibility of the department while the fourth is the EUB:
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Securing Benefits for Albertans – Secure Albertans' share and benefits from energy and mineral resource development.
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Resource Development – Ensure Alberta's energy and mineral resources remain accessible,
competitive and attractive to investment and development.
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Energy for Albertans – Ensure Alberta consumers have a choice of reliable and competitively priced energy.
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Regulation of Energy Development by the Energy and Utilities Board – Regulate the development and delivery of Alberta's energy resources and utilities services in a manner that is fair, responsible and in the public interest.
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