Alberta to Cap Electricity Rates and Bring in a Capacity Market

Alberta continued to rapidly overhaul its electricity market policies with the announcement yesterday that it would cap power rates and introduce a new capacity market in Alberta. Cap on Power Rates The Province announced that by June 2017, it will put in place a cap or rate ceiling to ensure that Albertans opting for the… Read More

Alberta’s First Competitive Power Procurement Begins

Alberta will hold its first auction for renewable electricity generation contracts in early 2017. The Province’s implementation of sweeping climate change policies in the electricity sector is now supported by key details about its first procurement. A procurement that is a first step on the road to achieving Alberta’s “30 by 30” target (30 per cent… Read More

Alberta Announces the Terms for its Initial 400 MW Renewable Electricity Procurement

Alberta will hold its first auction for renewable electricity generation contracts in early 2017. Speaking Thursday morning at the annual Canadian Wind Energy Association (“CANWEA”) conference in Calgary, the Hon. Shannon Phillips unveiled another piece of the Province’s Climate Leadership Plan. In the course of her morning keynote address, the Minister reaffirmed the Province’s commitment… Read More