The Balancing Pool is Suddenly a Very Important Player in the Alberta Electricity Market

There is no doubt that Alberta’s decision to increase the price that large thermal electricity generators pay for carbon emissions, and to phase out pollution from coal generation by 2030, has had a huge impact on the owners of Alberta’s coal plants. But, arguably, no organization has been more impacted by these decisions than Alberta’s… Read More

Ready, Set, Go: Alberta’s Renewable Electricity Procurement Begins

Today, as promised, the Alberta Electric System Operator (AESO) kicked off what it is calling “REP Round 1” by issuing a Request for Expressions of Interest (REOI) for Round 1 of its Renewable Electricity Procurement (REP). The REOI is the first stage of a much anticipated 3 stage process for a renewable electricity procurement in… Read More

The 2017 Alberta Budget: Highlights for the Electricity Industry

Alberta Premier Rachel Notley continued to spar this week with Saskatchewan Premier Brad Wall over which approach – austerity versus stimulus – works best in these tough economic times for the two oil dependent provinces. For those who have not followed Prairie politics, the Alberta Budget released earlier this month calls for a $10.3 billion… Read More

Sun is Rising on Alberta’s Solar Industry

To date, Alberta’s merchant wholesale electricity market has not been kind to solar developers.  This is because solar has not been able to compete on a price basis in an Alberta merchant market where “least cost” has until recently been the primary objective. Our conclusion is supported by the fact that, despite having one of… Read More

New Alberta Carbon Levy Methodology to Impact Thermal Generators and Electricity Prices

There have been so many changes announced lately to Alberta’s electricity market that it is difficult for AlbertaPowerMarket.com to provide each change with the attention it deserves. We have written about the proposed Alberta capacity market, Alberta’s Renewable Energy Program, and the recent changes to Alberta’s micro-generation rules. However, one proposed change that we have… 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

Designing Alberta’s New Electricity Capacity Market: Work Begins but Much to be Done

Earlier this month, we attended the Alberta Electric System Operator’s (AESO’s) first stakeholder engagement session in Calgary on the design of Alberta’s forthcoming capacity market. As we wrote about in Alberta to Cap Electricity Rates and Bring in a Capacity Market, the provincial government first announced the introduction of a capacity market in November. Stakeholders… Read More

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