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

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

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

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

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

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

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’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