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ARTICLE · 29 NOVEMBER 2016

Top 10 Issues In Alberta's Renewable Electricity Support Agreement For Developers And Lenders

Blake, Cassels & Graydon LLP
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On November 10, 2016, the AESO released a draft summary of terms for its Renewable Electricity Support Agreement (RESA) for review and comment. The comment period runs until December 9, 2016.

CanadaEnergy and Natural Resources
Catherine Doyle
Catherine Doyle
Mark Johnson
Mark Johnson
NIck Tropak
NIck Tropak
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On November 10, 2016, the Alberta Electric System Operator (AESO) released a draft summary of terms for its Renewable Electricity Support Agreement (RESA) for review and comment. The comment period runs until December 9, 2016.

As noted in our November 2016 Blakes Bulletin: Details of Alberta's Renewable Electricity Program: Program to Add 5,000 Megawatts of Capacity by 2030, the Alberta government is moving forward with the implementation of a Renewable Electricity Program (REP), the purpose of which is to encourage the development of 5,000 megawatts of renewable electricity generation capacity in Alberta between now and 2030.

The REP provides that successful bidders with eligible projects (known as Generators) will each enter into a RESA with AESO consisting of two periods — a development and construction period followed by a 20-year support period.

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