Capacity Market Design: Update on the Length of the Delivery Period

A few weeks ago we told you about capacity market design in Alberta, and the debate going on over the length of the delivery period that will apply in the capacity market for new facilities.  Yesterday the AESO issued SAM 3.0.  It describes the provisional recommendations of the 5 stakeholder working groups struck by the AESO… Read More

Capacity Market Design in Alberta: Competing Views on the Length of the Delivery Period

We are going to know soon what the new capacity market for electricity will look like in Alberta.  The capacity market design work, led by the Alberta Electric System Operator (AESO), started in January.  Since then the AESO has issued a series of straw proposals on various design issues (each called a “Straw Alberta 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

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