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Alberta conducted a review of its electricity market system.
Status: Completed
Ministry responsible: Energy
Completed: 2019
The Alberta government consulted with a cross-section of electricity stakeholders to determine whether the province should maintain the current energy-only market or create a capacity market for electricity.
Both are market-based approaches to the sale and delivery of wholesale electricity.
How an energy-only market works:
How a capacity market works:
Alberta is maintaining an energy-only market as a result of overwhelming stakeholder support.
Why an energy-only market is best for Alberta:
Bill 18 received royal assent on October 30, 2019 to return Alberta to an energy-only market.
Bill 18 amends the Alberta Utilities Commission Act, Electric Utilities Act and Hydro and Electric Energy Act to remove reference to the capacity market. Subsequently, various regulations that extended existing electricity policies to the capacity market will be amended and the Capacity Market Regulation will be repealed.
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