Publications

IESO’s Long-Term 2 RFPs

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.

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

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.

November 2023 Ontario Electricity Market Update: Ontario to Enable Corporate Power Purchase Agreements

On November 2, 2023, the Ontario Ministry of Energy posted a proposed framework to amend Ontario Regulation 429/04. This proposed framework aims to help facilitate eligible electricity customers (i.e., buyers) to enter into corporate power purchase agreements (PPAs) with clean energy suppliers (e.g., renewable generators, battery storage, etc.).

November 2023 Alberta Electricity Newsletter: Transmission Green Paper

On October 23, 2023, the Government of Alberta Department of Affordability and Utilities released its Transmission Policy Green Paper. This left industry scrambling to quickly put together comments on policy considerations that could shake the foundation of Alberta’s energy market. Those comments were due November 30, 2023.

Ontario’s Industrial Conservation Initiative and the Treatment of Clean Energy Corporate Power Purchase Agreements

On November 2, 2023, the Ontario Ministry of Energy posted a proposed framework to amend Ontario Regulation 429/04 (O. Reg. 429/04). This proposed framework aims to help facilitate eligible electricity customers (i.e., Buyers) to enter into corporate Power Purchase Agreements (PPAs) with clean energy Suppliers (e.g., renewable generators, battery storage, etc.).

Enabling Corporate Power Purchase Agreements in Ontario

On November 22, 2023 Power Advisory hosted a webinar addressing the Ontario government's proposed regulatory amendment to Ontario Regulation (O. Reg.) 429/04 - Amendments Related to the Treatment of Corporate Power Purchase Agreements (PPAs).

The Electricity Grid, the Energy Transition, and Policy Consistency: Recent Trends

On October 17, 2023, the International Energy Agency (IEA) released Electricity Grids and Secure Energy Transitions and the National Academies of Sciences, Engineering, and Medicine (NASEM) published Accelerating Decarbonization in the United States: Technology, Policy, and Societal Dimensions.

New York Public Service Commission rejected petitions to increase contract prices

Last week the New York Public Service Commission rejected the petitions by Empire Wind, Beacon Wind (both are Equinor & BP affiliates) and Sunrise Wind (Orsted & Eversource) to increase their contract prices to offset the impacts of inflation, supply chain constraints and higher interest rates.

September 2023 Alberta Electricity Newsletter: Market Pathways and Reliability Roadmap

September 2023 Ontario Electricity Market Update: CER Impact on the IESO-Administered Market

In August 2023, the federal government released a draft version of the Clean Electricity Regulations (CER) that introduce stringent operating restrictions for gas-fired generation beginning in 2035