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

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. has already… 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

Understanding Alberta’s Wind Discount and Lower Capture Rates

We explained in last week’s post that all generators in Alberta are paid the hourly determined Pool Price (per MWh) for the electricity that they generate and deliver to the grid in any given hour. This Pool Price in Alberta changes each hour of a day depending upon the principles of supply and demand.  For… Read More

Alberta Announces the Terms for its Initial 400 MW Renewable Electricity Procurement

Alberta will hold its first auction for renewable electricity generation contracts in early 2017. Speaking Thursday morning at the annual Canadian Wind Energy Association (“CANWEA”) conference in Calgary, the Hon. Shannon Phillips unveiled another piece of the Province’s Climate Leadership Plan. In the course of her morning keynote address, the Minister reaffirmed the Province’s commitment… Read More