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ARTICLE · 25 JUNE 2024

Update On Interim Market Power Mitigation Measures Taking Effect July 1, 2024, And REM

McCarthy Tétrault
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On June 11, 2024, the Alberta Electric System Operator (AESO) held its final stakeholder session with respect to the implementation of the Interim Market Power Mitigation...

CanadaEnergy and Natural Resources
Canadian Energy Perspectives
Canadian Energy Perspectives
Kimberly Howard
Kimberly Howard
Riley M. Thackray
Riley M. Thackray
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On June 11, 2024, the Alberta Electric System Operator (AESO) held its final stakeholder session with respect to the implementation of the Interim Market Power Mitigation as part of the efforts towards the Restructured Energy Market (REM). This session focused on the implementation process of the Interim Market Power Mitigation Measures. While the broader discussion on the AESO's REM recommendations was not included, an update regarding economic withholding was provided. This blog post provides a summary of the sessions key points.

On June 14, 2024, the AESO will submit an expedited filing for the proposed new and amended ISO rules, designed to support the Market Power Mitigation Regulation (MPM Regulation) and the Supply Cushion Regulation. ISO Rule 206.1, the Interim Secondary Offer Cap, will align with the MPM Regulation, and ISO Rule 206.2, the Interim Supply Cushion Directives, will align with the Supply Cushion Regulation. Additionally, the AESO is set to

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