Understanding Alberta’s Wind Discount and Lower Capture Rates

We explained in last week’s post that all generators in Alberta are paid the hourly determined Pool Price (per MWh) for the electricity that they generate and deliver to the grid in any given hour. This Pool Price in Alberta changes each hour of a day depending upon the principles of supply and demand.  For… Read More

What do Generators Get Paid for their Electricity in Alberta?

Generators in Alberta are paid the Pool Price for the electricity that they generate and deliver to the grid in Alberta. But how is that Pool Price determined? An important principle in Alberta is that all electricity that is bought and sold in Alberta on the grid is done so through a competitive wholesale market… Read More

Alberta Capacity Market Design: Our Five Takeaways from Last Week’s Education Session

Alberta announced late last year that it will create a new electricity capacity market.  This capacity market will operate in parallel with the province’s existing energy only electricity market (“EOM”) and ancillary services market.  The capacity market will provide a new potential source of revenue to generators for having the capacity to generate electricity, even… Read More

Increasing Micro-Generation in Alberta: A Step in the Right Direction

Alberta brought legislation into force in 2009 to encourage micro-generation in the Province. The Micro-Generation Regulation (the “Regulation”) encourages Alberta customers to use renewable or alternative sources of energy to generate their own electricity by (i) reducing the administrative burden and interconnection costs to those customers; and (ii) permitting those customers to be compensated through… Read More

Renewables are great! But Who is Developing the Needed Dispatchable Power Projects in Alberta?

Alberta has committed to phase out 6,300 MW of coal-fired capacity and provide financial support for 5,000 MW of new renewable power projects between now and 2030. The net result of this commitment is that the province will need at least 9,000 MW of new dispatchable power to replace the balance of the phased-out coal,… Read More