RESAs Handed Out in Alberta: Ten Takeaways from the REP Round 1 Results

Round 1 of Alberta’s Renewable Electricity Program (REP) concluded this week with the award of the following Renewable Electricity Support Agreements (RESAs): Proponent Project Size (MW) Location Capital Power Corporation Whitla Wind 201.6 Medicine Hat EDP Renewables Canada Ltd. Sharp Hills Wind Farm 248.4 Oyen Enel Green Power Canada, Inc. Part 2 of Castle Rock… Read More

REP Round 2: Indexed-REC, Benchmark-REC or Something Else?

We will know shortly which renewable power projects were successful in Alberta’s REP Round 1 procurement for 400 MW of new renewable power. REP stands for the Renewable Electricity Program.  This program, administered by the Alberta Electric System Operator (AESO), is intended to encourage the development of 5000 MW of new renewable electricity generation capacity… Read More

Quantifying and Pricing the Dispatch Risk to Generators in Alberta’s RESA

The Alberta Electric System Operator (AESO) is not accepting any further comments on the contract, called the Renewable Electricity Support Agreement (RESA), which it will award to the winners of the REP Round 1 procurement currently underway for 400 MW of renewable electricity in Alberta. While the AESO did issue and consult on “key provision… Read More

Alberta REP Round 1: Ten Berries from Last Week’s AESO Q&A Session

We attended the Q&A session (Q&A) put on last week by the Alberta Electric System Operator (AESO) for REP Round 1.  REP Round 1 is the first of what is promised to be regular procurements in Alberta that will see the Province procure 5000 MW of renewable electricity between now and 2030.  AlbertaPowerMarket.com has already… Read More

Addressing Curtailment Risk for Renewable Generators in Alberta’s RESA

Last week the Alberta Electric System Operator (AESO) released a document describing the key provisions that it proposes to include in the RESA (Key RESA Terms) Here.   RESA stands for Renewable Electricity Support Agreement. It is the legal agreement that the AESO will execute with each successful proponent in this year’s 400 MW renewable electricity… 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

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