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ARTICLE · 09 MARCH 2023

Key Developments In Alberta's Power Industry In 2022

McCarthy Tétrault
McCarthy Tétrault
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This article originally appeared in our Power Perspectives 2023 publication and provides a look back at some of the key developments and decisions in the Alberta power market occurring in 2022.

CanadaEnergy and Natural Resources

This article originally appeared in our Power Perspectives 2023 publication and provides a look back at some of the key developments and decisions in the Alberta power market occurring in 2022. Power Perspectives 2023 provides an in-depth overview of the most significant developments in the Canadian power and emerging energy sectors from the previous year. Download the full publication  here.

Our National Energy Group continues to monitor new developments in Alberta and throughout Canada. Further and more recent insights can be found on our  Canadian Energy Perspectives blog

  1. Introduction & Market Update

Following the Government of Alberta's commitment in its June 2020 Recovery Plan to diversify Alberta's energy industry and as noted in the Alberta Electric System Operator's (AESO) 2022 Long-term Transmission Plan, the province of Alberta (the Province, or Alberta) continues its shift away from coal-fired to gas-fired generation in the electricity market,

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