On September 14, 2016, the Alberta Government
announced its firm target that 30% of electricity used in
Alberta will come from renewable sources such as wind, hydro and
solar by 2030. In order to achieve this, the province intends to
support 5,000 MW of additional renewable capacity.
The province's 30 by 30 announcement also provides useful
details regarding eligibility for the Renewable Electricity Program
(or REP). Projects
be based in Alberta,
be new or expanded,
be five megawatts or greater in size,
meet the Natural Resources Canada
definition of renewable sources.
Interestingly, the announcement also notes that work is underway
to improve the rules surrounding smaller-scale electricity
generation, in order to make it easier for individuals and
communities to generate their own renewable energy.
The announcement builds on the
previous announcement that the Alberta Electric System Operator
(AESO) was chosen
under the province's Climate
Leadership Plan to develop and implement the REP to add
additional renewable generation capacity into Alberta's
electricity system. The AESO delivered its
recommendations to the Alberta government on May 31, 2016.
As discussed in a
previous post, the AESO released the results of its stakeholder
engagement process on May 5, 2016. The AESO's stakeholder
update also included a summary of expected development
timelines for different sources of renewable generation. Estimated
timelines are based on key activities and timelines associated with
the development, regulatory approval and construction of
anticipated renewable projects:
Wind: 4 to 6 years
Solar: 1.5 to 3 years
Biomass: 2 to 3 years
Geothermal: 3 to 7 years
Large Hydro: 10 to 14 years
Further details on how the program will operate will be released
later this year. We are monitoring the development of the REP
closely and will provide updates as information is released.
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.
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