New Legislation To Impact Alberta's Electricity Future

In this Update

• On June 11, 2018, the Alberta Legislature passed Bill 13, An Act to Secure Alberta's Electricity Future, which amends several existing statutes
• Bill 13 creates the legal framework for the shift from "energy-only" market to "energy + capacity" and sets tight timelines for the establishment of initial capacity market rules, which are currently under development
• The Bill makes noteworthy changes to how system rules are established and approved in Alberta, ultimately involving more oversight by the Alberta Utilities Commission
• There was an initial attempt to address the regulatory gap left by the Stores Block line of cases on utility asset dispositions, but the provisions were removed and thus the issue remains outstanding