Alberta Energy manages the development of province's non-renewable resources including coal, minerals, natural gas, petrochemicals, conventional oil and oil sands and renewable energy (wind, bioenergy, solar, hydro, geothermal, etc.). It grants industry the right to explore for and develop energy and mineral resources, establishes, administers and monitors the effectiveness of fiscal and royalty systems, promotes energy efficiency and conservation by both Albertans and industry and encourages additional investment that creates jobs and economic prosperity.