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.
Electricity Markets group has developed this report to support
new project developers seeking legal and business advice to get a
better understanding of: the structure of the Alberta Electricity
Market; the applicable legislation and governing agencies; the
characteristics of Alberta's load and generation mix; the power
pool price; and the recent developments which are creating business
opportunities. Alberta is one of the last provinces in Canada to
mandate a change in its fuel mix for generating power.
"We have seen a rise in the number of new project
developers seeking general advice," said
Kent Howie, partner in BLG's Calgary office. "We
concluded that such background information would be of benefit to
every new entrant into the Alberta Electricity Market." This
report is intended for prospective project developers as well as
investors, lenders, constructors, operators or other market
BLG's national Electricity Markets group, composed of over
40 lawyers in offices across Canada, is a top-ranked,
multidisciplinary team that has the expertise to offer advice on
all legal and business issues, opportunities and developments
facing the electricity sector. In Alberta, the Calgary-based team
has been active since 1996 when it advised one of the then
principal Alberta utilities on market design issues as the Alberta
power market was first established.
. 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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