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

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

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