On March 3, 2016, the Alberta Electric System Operator (AESO)
requested input from the developer and investor community on the
proposed Alberta Renewable Electricity Program.
As part of the Climate Leadership Plan (released on November 22,
2015), Alberta Energy instructed the AESO to design, manage and
operate the Renewable Electricity Program to add new renewable
generation capacity to the grid in a low cost, safe and reliable
manner. Although not stated in the AESO’s media release, the
Climate Leadership Plan suggested that a fixed number of renewable
energy credits would be purchased by the provincial government on
an annual basis to incentivize renewable generation in Alberta by
providing the incremental revenue necessary to support such
The AESO intends to develop the Program throughout the year and
launch its first Renewable Electricity Program competition in Q4
2016 with project in-service dates in Q2 2019. The AESO has posted
an online questionnaire as a first step in seeking input from
stakeholders. Requested information includes:
The nature and location of a proposed renewable project.
Previous experience with renewable projects.
Anticipated barriers and risks to investing in renewables.
Information required for making an investment decision.
Timelines for development and construction.
In designing the Program, the AESO and Alberta Energy will need
to work through a number of key challenges associated with
renewable projects, including, among many others, system access,
reliability and grid integration; renewable financing; land use
conflicts and regulatory process coordination.
If you have any questions about the specific components of the
Program or need to better understand the underlying competitive
process, requirements and timelines, please contact David Macaulay,
Brad Gilmour or Nick Bryanskiy.
The deadline for responses to the AESO online questionnaire is
March 24, 2016. Based on the feedback, the AESO
will provide draft recommendations on Program design to Alberta
Energy in May 2016.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
Canada is a constitutional monarchy, a parliamentary democracy and a federation comprised of ten provinces and three territories. Canada's judiciary is independent of the legislative and executive branches of Government.
The Government of Alberta recently announced a number of policy changes that will impact the Alberta Electricity Market, composed of its generators, transmitters, distributors, retailers, electricity consumers and wholesale electricity market.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).