Publications

The Industrial Conservation Initiative and Clean Energy Power Purchase Agreements

On May 7, 2024, the Ontario Ministry of Energy posted a new proposal for feedback regarding amendments to Ontario Regulation 429/04 (O. Reg. 429/04). The proposal aims to enable eligible electricity customers (i.e., purchasers) to enter into corporate Power Purchase Agreements (PPAs) with clean, non-emitting energy suppliers.

IESO LT1 Initial Results

On 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).

Peter Shattuck Joins Power Advisory

Power Advisory is pleased to announce that Peter Shattuck is joining the company to support the firm’s significant and expanding work in the United States, with a specific focus on transmission and offshore wind. Peter will build on experience in project development and policy engagement to assist clients in market analysis, project and program design, and development.

Proposed Sale Notices for the Oregon and Gulf of Maine

On April 30th BOEM issued the Proposed Sale Notices (PSN) for the Oregon and Gulf of Maine offshore wind lease areas. The Gulf of Maine PSN identified 8 proposed lease areas covering about 1 million acres that could support up to about 15 GW.

The Ontario Energy Board’s 2024-2027 Business Plan: The Said and the Unsaid

Towards Developing a Natural Gas (and Energy Transition) Policy for Ontario

On February 22, 2024, Ontario’s Minister of Energy introduced Bill 165, Keeping Energy Costs Down Act, 2024. The Bill is intended primarily to reverse the December 2023 Phase 1 Decision and Order by the Ontario Energy Board (OEB) in the Enbridge Gas Inc. (Enbridge) proceeding to set 2024-2028 rates.

IESO 2024 Annual Planning Outlook Summary and Commentary

The Independent Electricity System Operator (IESO) published the 2024 Annual Planning Outlook (APO), providing an outlook on Ontario's electricity system plans and future system operations. This year the APO has been merged with the Annual Acquisition Report (AAR), Section 9, which was previously a separate document that followed the APO six months later.

Major Alberta Electricity Market Reform on the Horizon

On March 11, 2024, the Alberta government allowed the release of the AESO report submitted to government on January31, 2024 and the MSA report submitted to government on December 21, 2024.

Proposed Updates to the Clean Electricity Regulations

The federal government is proposing a number of significant changes to the Clean Electricity Regulations (CER). The CER was initially introduced in the summer of 2023 and included an industry-wide performance standard and a cap of 450 hours annually that a gas-fired generator could operate with unabated emissions, among other features.

National Grid no longer pursuing the Twin States Clean Energy Link

National Grid announced in early March that it was no longer pursuing the development of the Twin States Clean Energy Link (Twin States), a 1,200 MW HVDC interconnection between Quebec and Southern New Hampshire