Alberta's electricity market is headed for a shakeup and some industry players fear a lengthy period of uncertainty could scare away much-needed investment in power generation.
Alberta s Long-Awaited Electricity Statutes (Modernizing Alberta s Electricity Grid) Amendment Act is Proclaimed | Bennett Jones LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Nearly two years after receiving Royal Assent, the Government of Alberta proclaimed the Electricity Statutes Modernizing Alberta s Electricity Grid Amendment Act the Act on March 6, 2024. The Act, formerly Bill 22, received Royal Assent May 31, 2022, but proclamation was delayed until the related regulations were developed and came into force. The Act amends key legislation including the Alberta Utilities Commission Act, the Electric Utilities Act and the Hydro and Electric Energy Act. Important supporting regulatory amendments include the updated Hydro and Electric Energy Regulation and the Transmission Amendment Regulation.
Strict new rules on renewables could cost Alberta billions nationalobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalobserver.com Daily Mail and Mail on Sunday newspapers.