Alberta Announces The Terms For Its Initial 400 MW Renewable Electricity Procurement

Alberta will hold its first auction for renewable electricity generation contracts in early 2017. Speaking Thursday morning at the annual Canadian Wind Energy Association ("CANWEA") conference in Calgary, the Hon. Shannon Phillips unveiled another piece of the Province's Climate Leadership Plan. In the course of her morning keynote address, the Minister reaffirmed the Province's commitment to achieving its "30 by 30" target (30 percent of electricity used in Alberta being generated from renewable sources by 2030) and announced (i) the tabling of Bill 27 – Renewable Electricity Act; and (ii) the endorsement of the Alberta Electric System Operator's ("AESO's") recommendation to the Province for a Renewable Electricity Program ("REP"). The Minister's address was followed by a luncheon presentation by Mike Law, a VP at the AESO, who provided more details on the REP.