Alberta Power Market Update

Last year's election ushered in Alberta's first regime change since 1971, resulting in a wave of policy changes involving renewable generation development, the phase-out of coal-fired generation, and emissions and carbon tax policy. This update captures certain key aspects to these changes and takes stock of things to come.

Alberta's provincial government released its Climate Leadership Plan (Climate Plan) in November of 2015, as discussed in a previous post. This post focuses on the following key Climate Plan policy announcements affecting the power industry:

• incentives for renewable generation,
• phase-out of coal fired generation emissions by 2030,
• implementing an economy-wide carbon price, and