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Alberta s Long-Awaited Electricity Statutes (Modernizing Alberta s Electricity Grid) Amendment Act is Proclaimed | Bennett Jones LLP

Alberta s Long-Awaited Electricity Statutes (Modernizing Alberta s Electricity Grid) Amendment Act is Proclaimed | Bennett Jones LLP
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Alberta s Long-Awaited Electricity Statutes (Modernizing Alberta s Electricity Grid) Amendment Act is Proclaimed

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.

Providing clarity for renewable electricity development

Providing clarity for renewable electricity development
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Renewed path forward for renewable energy

Alberta’s government is setting a clear and responsible path forward for renewable project development to ensure the province’s grid is reliable, affordable and sustainable.

Change on the Horizon for Alberta s Electricity Regulatory Regime in 2024

In 2004, Alberta s Transmission Regulation established the framework for the planning and development of Alberta s electricity transmission infrastructure. Its intent was to attract new generation, increase competition, and serve expected increases in load. The regulation has remained largely unchanged since 2004. Meanwhile, the electricity system has experienced significant changes in part due to the dramatic increase in the amount of intermittent renewable power generation facilities connecting to the grid.

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