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January 2024 Ontario Electricity Market Update: Report of Ontario's Electricifation and Energy Transition Panel Released

January 31, 2024
By 
Roy Hrab & Sarah Simmons & Avi Lipsitz

On January 19, 2024 the report of Ontario’s Electrification and Energy Transition Panel (EETP), Ontario’s Clean Energy Opportunity, was released.

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January 2024 Supply Shortfall in Alberta

January 25, 2024
By 
Christine Runge & Ketan Lakhani

Temperatures plummeted on January 10, beginning an extreme cold snap that lasted almost a week. Albertans set a new peak demand record of 12,384 MW between 5 and 6 pm on January 11, beating the previous record by almost 200 MW.

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The Electrification and Energy Transition Panel Report

January 23, 2024
By 
Roy Hrab & Sarah Simmons & Avi Lipsitz

On January 19, 2024 the report of Ontario’s Electrification and Energy Transition Panel (EETP), Ontario’s Clean Energy Opportunity, was released.

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The Enbridge Gas Phase 1 Decision: The OEB, the Minister of Energy, the Natural Gas System and the Energy Transition

January 3, 2024
By 
Roy Hrab & Brady Yauch & Avi Lipsitz

On December 21, 2023 the Ontario Energy Board (OEB) released its Phase 1 Decision and Order in the Enbridge Gas Inc. (Enbridge) 2024 Rebasing proceedings. A primary focus of the proceeding was the energy transition and its implications both for Enbridge’s capital spending plans and the future of the province’s natural gas distribution system.

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OSW Overview

January 2, 2024
By 
John Dalton

2023 was a bumpy road for offshore wind (OSW). However, interest rates appear to have peaked and in the US OSW procurement frameworks now typically employ inflation adjustment mechanisms. I’m optimistic that 2024 will be less tumultuous.

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US Offshore Wind (OSW) Year in Review

December 29, 2023
By 
John Dalton

US Offshore Wind (OSW) Year in Review

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IESO’s 2023 Capacity Auction Results

December 19, 2023
By 
Travis Lusney & Brady Yauch & Nadiha Khan

The Independent Electricity System Operator (IESO) announced on December 7, 2023 that it procured 1,867 megawatts (MW) of capacity for summer 2024 and 1,310 MW for winter 2024-2025 through its 2023 Capacity Auction (CA). The amounts procured were higher than the IESO’s pre-auction targets of 1,400 MW of supply for summer 2024 and 850 MW for winter 2024-2025.

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Louisiana State Mineral and Energy Board approved operating agreements

December 18, 2023
By 
John Dalton

On December 13th the Louisiana State Mineral and Energy Board approved operating agreements for a 6,162-acre lease with Diamond Offshore Wind (DOW Wind) and a 59,653-acre lease with Cajun Wind, an affiliate of Vestas.

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IESO’s Long-Term 2 RFPs

December 12, 2023
By 
Travis Lusney & Brady Yauch

The Independent Electricity System Operator (IESO) has announced that it expects to procure up to 5,000 MW of new capacity by 2035 from non-emitting sources of supply, including wind, solar, biofuel and hydroelectric assets.

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The 2023 OEB Letter of Direction: The Role of the Regulator in Economic Development, the Energy Transition, and the Future of Natural Gas

December 11, 2023
By 
Roy Hrab

On November 29, 2023 Ontario’s Minister of Energy issued a renewed Letter of Direction to the Ontario Energy Board (OEB) outlining the Government of Ontario’s priorities for the energy sector and expectations for the OEB’s upcoming 3-year planning period.

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