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ARTICLE · 04 MARCH 2022

Power Perspectives 2022 - Alberta Regional Overview

McCarthy Tétrault
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The Alberta Electric System Operator (AESO) released its 2021 Long-term Outlook on June 29, 2021. According to the report, moderate load growth is expected over the next 20 years but at ...

CanadaEnergy and Natural Resources
Canadian Energy Perspectives
Canadian Energy Perspectives
Brian Bidyk
Brian Bidyk
Jamie Gibb
Jamie Gibb
Kerri Howard
Kerri Howard
Kimberly Howard
Kimberly Howard
Ashley Wilson
Ashley Wilson
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Introduction & Market Update

The Alberta Electric System Operator (AESO) released its 2021 Long-term Outlook on June 29, 2021. According to the report, moderate load growth is expected over the next 20 years but at a lower rate than in the previous 20-year period. Load growth is expected in the near term due to economic recovery as COVID-19 health restrictions ease. It is expected there will be generation growth and natural gas is anticipated to be the primary fuel source to replace coal in the generation mix.

The electricity sector in Alberta is transforming in direct response to the following key drivers:

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Source: AESO 2021 Long-term Outlook Report Highlights (July 2021), online: www.aeso.ca/assets/LTO-Report-Highlights_2021.pdf.

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