On October 29th Bureau of Ocean Energy Management conducted its Gulf of Maine (GoM) auction offering 8 lease areas for sale as shown in the graphic below.
Read Full ReportOn October 21, 2024, the Ministry of Energy and Electrification issued a press release announcing the government was “removing barriers that slow the construction of new homes and businesses by making it easier and more affordable to connect to the province's world-class clean electricity grid.”
Read Full ReportOn October 22, 2024 Ontario’s Ministry of Energy and Electrification published Ontario’s Affordable Energy Future: The Pressing Case for More Power, setting out the government’s vision for the energy sector: “A pro-growth agenda that takes an all-of-the-above approach to energy planning.”
Read Full ReportEarlier this year, the Market Surveillance Administrator (MSA) published its recommendation for an interim market power mitigation measure for implementation by July 1, 2024.
Read Full ReportLast week a German offshore wind project developer announced that it had entered into a preferred supplier agreement with Ming Yang, a Chinese wind turbine manufacturer, for 16 of its 18.5 MW wind turbines.
Read Full ReportThe need for electricity grid (distribution and transmission) modernization and expansion has been the subject of many high profile announcements and reports.
Read Full ReportThe AESO published the 2024 Long Term Outlook (LTO) which provides a 20-year outlook on Alberta’s electricity load and generation based on current assumptions, with an update published at least every two years. In response to ongoing uncertainty around Alberta’s market design and policy climate, the AESO released three additional scenarios along with the main Reference Case.
Read Full ReportOn May 9, 2024, the Independent Electricity System Operator (IESO) released the results of its Long-term 1 (LT1) RFP. The LT1 procurement is the single largest procurement by the IESO in more than a decade and is the first step in a series of long-term procurements by the IESO over the next decade as it seeks to maintain reliability and resource adequacy in the face of growing demand and shifting supply mix priorities (i.e., customer and government lower carbon emission intensity objectives).
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