Earlier this month the National Energy Board (NEB) released a report on Canada's renewable power called Canada's Adoption of Renewable Power Sources – Energy Market Analysis. The NEB report revealed that Canada is a world leader in renewable electricity that generates 66 per cent of its electricity from renewable sources. More particularly, the NEB pointed out that hydro is the dominant source of Canada's renewable electricity, accounting for 55 per cent of the country's total installed capacity and almost 60 per cent of its generation. Canada was second only to China in total hydroelectricity production in 2015. The NEB pointed out that the big provincial players in hydroelectricity are Quebec, British Columbia, Ontario, Newfoundland and Labrador, and Manitoba, in that order. Alberta was not even mentioned in the hydro section of the NEB report, and that got AlbertaPowerMarket.com thinking about the lack of hydroelectricity development in Alberta. Well, it was the NEB report, plus more talk this month out of Manitoba and British Columbia, and their provincial utilities, about the need for a reinforced "East-West Grid" so that their new multi-billion dollar hydro projects under construction (Keeyask in Manitoba and Site C in British Columbia) could displace some of Alberta's thermal generation and also firm Alberta's variable wind and solar power projects.
>> Continue reading >BLG Partner Chidinma Thompson's post on Alberta Power Market
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