On January 3, 2013, Ontario's Independent Electricity System
Operator ("IESO") published amendments to the Market
Rules that authorize the IESO to dispatch certain renewable
generators in Ontario that are: (i) directly connected to the
IESO-controlled grid; or (ii) embedded (i.e., not directly
connected to the IESO-controlled grid) with an installed capacity
of 5MW or greater that are registered IESO market participants (the
"Renewable Integration Amendments"). For the first time,
these amendments put these renewable generators at risk of economic
curtailment effective September, 2013. To address this risk, the
Ontario Power Authority ("OPA") is currently
re-negotiating approximately 50 power purchase agreements with
certain affected renewable generators. At present, the OPA's
proposed compensation model is to compensate these renewable
generators for any curtailment above specified contractual caps
(e.g., hours per megawatt across contract life and hours per
megawatt per year). Click here. While these contract negotiations
continue with the OPA, a group of wind generators recently filed
with the Ontario Energy Board an application seeking the review of
the dispatch and floor price provisions of the Renewable
Integration Amendments. The application and related materials are
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. Armed with their new mandates, both the provincial and federal governments introduced a renewed focus on the issue of climate change along with measures intended to reduce Canada's greenhouse gas (GHG) emissions.
On January 1, 2017, Albertans not only welcomed in the New Year, they also welcomed increased prices on everyday fuels such as gasoline and natural gas, as the Provincial government's controversial carbon levy officially came into force.
On January 10, 2017, the British Columbia provincial government issued a revised environmental assessment certificate for the Trans Mountain Expansion project, removing the final major legal obstacle from the project.
This post provides an overview of the new details regarding the REP and an update with respect to the upcoming AESO education session on Alberta's capacity market to be held in Calgary on February 7th, 2017.
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