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,