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ARTICLE · 09 JUNE 2016

AESO's Recommendations On Renewable Electricity Program

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The Government of Alberta is expected to release the details of the REP by Q3 2016, with the first REP bids to launch in Q4 (December) 2016.

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On May 31st, the Alberta Electric System Operator (AESO) made its recommendations to the Government of Alberta, based on the survey results it received on the Renewable Electricity Program (REP). The REP, a subset of the broader Climate Leadership Plan ( summary here), focuses on the process that will be used to bring on renewable electricity. The Survey reached a diverse audience, including potential developers/investors, associations, and environmental public policy groups.

Although key findings from the Survey have yet to be disclosed, Michael Law, Vice President of Renewables Development & Sustainability at AESO, indicated in the recent Alberta and Saskatchewan Renewable Energy Finance Summit held in Calgary that, in making the recommendations, his team considered various international models and a diverse set of factors including the allocation of risks, current market design, revenue and risk certainty necessary to support financing, recovery of

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