Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, August 30
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Transforming the utilities system | Alberta.ca
    Utilities

    Transforming the utilities system | Alberta.ca

    April 11, 20253 Mins Read


    Overview

    If passed, Bill 52, the Energy and Utilities Statutes Amendment Act, 2025, will enable key regulatory changes to Alberta’s utilities system that would allow hydrogen blending in the natural gas distribution system, and support critical updates to Alberta’s power market rules and transmission policies to help meet growing demand, stabilize utility bills, prioritize reliability and affordability and encourage investment in the province.

    The act would also strengthen the power grid by implementing a day-ahead reliability market which will ensure there is enough power available at all times, significantly reducing the risk of future grid alerts. Alberta’s government is working closely with industry and the Alberta Electricity System Operator (AESO) on a new market structure that prioritizes reliability and investment to be implemented in 2027. 

    This change is required because the electricity system was originally designed for a smaller number of power plants. The transition away from coal to add more power from natural gas and renewables has added to system complexity. Demand has also increased with population and thriving industries.

    The legislation would also support the implementation of the ‘Rate of Last Resort’, which was introduced earlier this year to protect Albertans not on a competitive electricity contract from unpredictable power price spikes.

    Key changes

    If passed, Bill 52, the Energy and Utilities Statutes Amendment Act, 2025 will:  

    • remove barriers to allow hydrogen blending in the natural gas distribution system for residential and commercial heating to support new technologies while ensuring the safety and reliability of the system
    • implement the necessary legislative framework to support the implementation of a Restructured Energy Market to prioritize reliability, strengthening the grid so that Albertans can get the power they need regardless of the weather
    • update transmission policies to maximize the use of lines already in service and implement a cost-causation model, so Alberta ratepayers no longer have to pay the full cost of new transmission lines
    • streamline the process to connect with other jurisdictions, reducing red tape and enabling critical improvements
    • amend the Petroleum Marketing Act to increase the number of board members for the Alberta Petroleum Marketing Commission
    • strengthen the authority of the Minister of Affordability and Utilities to support the ongoing implementation of the Rate of Last Resort 

    Next steps

    If passed, the amendments to the acts will come into force on various dates.

    The Restructured Energy Market is expected to begin in 2027. In the meantime, temporary measures were put in place on July 1, 2024 to ensure Albertans have reliable power and predictable utility bills.

    News



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleShein closer to London IPO after securing watchdog’s approval, reports say
    Next Article Simon Property Group, Inc. : Jefferies & Co. adopte une opinion positive

    Related Posts

    Utilities

    Utilities Down Ahead of Earnings, Economic Data — Utilities Roundup

    August 27, 2025
    Utilities

    Why utilities are fighting across the West to limit their blame for wildfires

    August 26, 2025
    Utilities

    United Utilities signs deal with Austrian-led business consortium for new Haweswater Aqueduct water tunnel

    August 25, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Les ETF Bitcoin enregistrent des sorties de 93,2 millions de dollars après 10 jours d’entrées

    March 31, 2025
    Bitcoin

    Révolutionnaire de Bluebird Mining 1,36 M $ signaux d’investissement Bitcoin Bold New Era

    June 26, 2025
    Property

    Chinese top buyers of US property for 11th year, but Canadians dominate volume

    July 19, 2024
    What's Hot

    Bitcoin : la nouvelle ruée vers l’or? – rts.ch

    February 25, 2025

    Bitcoin (BTC) Price Prediction for July 14

    July 14, 2024

    Calvin Harris ‘turns quiet Cotswolds village into Calvin Country with £15m property spree where he plans to set up home with TV presenter wife Vick Hope’

    June 7, 2025
    Most Popular

    EU targets Trump’s red states with tariffs on US trucks, cigarettes and ice cream – POLITICO

    April 8, 2025

    Leading management firm FirstPort suspended by trade body

    February 7, 2025

    Economic Survey wants sensitive commodities kept away from derivatives trading

    July 22, 2024
    Editor's Picks

    What the changes to IHT reliefs mean for UK residents and non-doms

    March 3, 2025

    ‘Suspicious’ death investigation at property associated with missing person

    August 24, 2024

    Stock Market LIVE Updates | Closing Bell: Sensex settles 511 pts lower, Nifty below 25K; HCL Tech, L&T drop 2% each

    June 23, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.