Borden Ladner Gervais LLP is pleased to provide you with the first edition of its Report New Opportunities in the Alberta Electricity Market, A BLG Overview.
The Province of Alberta recently announced that it will provide financial support to encourage the development of 5,000MW of new renewable power projects in Alberta. This is required to facilitate Alberta's commitment to phase out its coal plants by 2030, and to ensure that 30% of Alberta's generation will come from renewable sources by 2030. The first ever Alberta clean power call is expected to begin before the end of 2016, with more to follow.
BLG's Electricity Markets Group is regularly asked to assist potential entrants into the Alberta Electricity Market better understand:
- the structure of the Alberta Electricity Market
- the applicable legislation, regulations and governing agencies
- the existing characteristics of Alberta's load and its generation mix
- the way in which electricity prices are determined in Alberta, and, most importantly
- the recent developments that have occurred to create business opportunities for them in the Alberta Electricity Market
The Report is designed to provide you with helpful general information about some legal issues to consider, whether you are a prospective power project developer, investor, lender, constructor, operator or other participant in the market.
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(PDF, 7.83 MB)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.