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ARTICLE · 14 NOVEMBER 2016

Alberta's First Competitive Power Procurement Begins

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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Borden Ladner Gervais LLP

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Alberta will hold its first auction for renewable electricity generation contracts in early 2017.

CanadaEnergy and Natural Resources

Background

Alberta will hold its first auction for renewable electricity generation contracts in early 2017. The Province's implementation of sweeping climate change policies in the electricity sector (previously addressed by BLG in New Opportunities in the Alberta Electricity Market – An Overview) is now supported by key details about its first procurement. A procurement that is a first step on the road to achieving Alberta's "30 by 30" target (30 per cent of electricity used in Alberta being generated from renewable sources by 2030) – a cornerstone of premier Notley's Climate Leadership Plan announced over a year ago.

On November 3, 2016, the Provincial Government tabled Bill 27 – Renewable Electricity Act (Bill 27) which enshrines the 30 per cent renewable target and authorizes the Environment Minister and the Alberta Electric System Operator (AESO) to procure renewable power to meet the target. On the same day, Environment Minister Shannon Phillips announced

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