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ARTICLE · 20 JUNE 2011

AESO Cuts $1 Billion From Transmission Budget Forecast

Stikeman Elliott LLP
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Alberta Electric Systems Operator (AESO) forecasts the province will spend $13.5 billion in the next decade to keep pace with growth in electricity demand.

CanadaEnergy and Natural Resources
The Energy Practice Group
The Energy Practice Group
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Alberta Electric Systems Operator (AESO) forecasts the province will spend $13.5 billion in the next decade to keep pace with growth in electricity demand. Within 20 years, Alberta will require 13,000 megawatts of new generation capacity, with much of the growth fuelled by oilsands developments.

However, AESO reduced the province's planned expenditures by $1 billion compared to its 2009 draft budget by eliminating or reducing the scale of certain projects. In the latest forecast, $8.3 billion will be committed towards 50 regional projects serving 200 customer connections. The remaining $5.2 will be directed towards four transmission infrastructure projects outlined in The Electric Statutes Amendment Act, 2009.

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