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Varcoe: The head of the Alberta Electric System Operator says the province's power system is set for its biggest overhaul in 25 years.
Varcoe: The head of the Alberta Electric System Operator says the province's power system is set for its biggest overhaul in 25 years.
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 T...
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Second Quarter 2022 Financial HighlightsAdjusted EBITDA(1),(2) of $279 million, in line with expectations, a decrease of 13% over the same period ...