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Yukon

Critical minerals, policy, and the energy transition

The Energy Transition in Yukon, Canada

Located in the rugged expanse of Canada's far northwest, Yukon embarks on an inspiring journey toward sustainable energy, mirroring the wild beauty and pioneering spirit of its landscape and people. Amidst its majestic mountains and vast wilderness, Yukon strategically harnesses its rich renewable resources, focusing on hydroelectric power, wind, and solar energy to illuminate its path toward a greener future. This territory’s energy transition is deeply intertwined with its commitment to environmental stewardship and respect for Indigenous knowledge and leadership, ensuring its sustainability approach is both inclusive and holistic. Yukon's efforts to reduce reliance on imported diesel through local, renewable energy projects. By investing in innovative energy solutions and infrastructure improvements, Yukon is addressing the challenges of climate change and paving the way for economic diversification with a forward-looking energy strategy that embraces the territory’s unique attributes.

Yukon's energy revolution

The Yukon is undergoing a transformative energy revolution, driven by its “Our Clean Future” strategy, which aims to reduce greenhouse gas (GHG) emissions by 30% by 2030 and achieve net-zero emissions by 2050. This ambitious plan focuses on renewable energy, energy efficiency, and Indigenous-led initiatives, supported by federal investments and innovative technologies.

Yukon’s energy transition is expected to create 6,800 clean energy jobs in Northern Canada by 2050, according to Clean Energy Canada. The territory’s grid is already 88% clean, primarily powered by hydroelectricity, and initiatives like the Clean Electricity Regulations (CER) aim to achieve a net-zero grid by 2035. 

Renewable energy expansion
Yukon is significantly increasing its renewable energy capacity, particularly through solar and wind projects. The Beaver Creek Solar Project, a 1.9-megawatt (MW) facility, is set to reduce diesel consumption by 55% in the community, cutting CO2 emissions by 1,100 tonnes annually. Additionally, the Haeckel Hill-Thay T’äw Wind Energy Project, the first 100% Indigenous-owned wind project in northern Canada, began operations in March 2024 and produces enough clean energy to power 650 homes annually. These projects are part of a broader effort to replace diesel generation in off-grid communities with renewable energy by 2030.

Energy efficiency and conservation
Yukon is a leader in energy efficiency programs, offering rebates for energy-saving upgrades through initiatives like the Peak Smart Program. This program provides rebates of up to 75% on smart thermostats and hot water tank controllers, helping to reduce peak electricity demand and lower energy costs for residents. The Good Energy Rebates program further supports energy-efficient choices, aligning with the territory’s climate goals.

Indigenous and community-led projects
Indigenous communities are at the forefront of Yukon’s energy transition. The Vuntut Gwitchin Government in Old Crow developed a solar and battery storage system that replaced 190,000 litres of diesel in its first year, generating over $200,000 in profit reinvested into community projects. The Innovative Renewable Energy Initiative provides funding for community-led renewable energy projects, covering up to 75% of eligible expenses with a maximum of $500,000 per project.

Federal support and investments
The federal government has played a crucial role in Yukon’s energy revolution, investing over $500 million to implement the “Our Clean Future” strategy. Programs like the Smart Renewables and Electrification Pathways Program (SREPs) have funded projects such as the Optimization of Microgrids in Remote Yukon Thermal Communities, enhancing energy resilience in off-grid areas. Federal investments in wind, solar, and energy storage projects are driving the transition to clean electricity while creating economic opportunities.

Critical Minerals in Yukon, Canada, and the Energy Transition
Critical Minerals in Yukon, Canada and the Energy Transition

Source: SFA (Oxford)

Critical Minerals produced in Yukon
Essential minerals production and products in Yukon

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Meet the Critical Minerals team

Trusted advice from a dedicated team of experts.

Henk de Hoop

Chief Executive Officer

Beresford Clarke

Managing Director: Technical & Research

Jamie Underwood

Principal Consultant

Ismet Soyocak

ESG & Critical Minerals Lead

Rj Coetzee

Senior Market Analyst: Battery Materials and Technologies

Dr Sandeep Kaler

Market Strategy Analyst

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