The regulatory landscape of Alberta’s electricity sector is undergoing significant changes aimed at addressing power price volatility, enhancing market efficiency, and preparing for future energy demands. This session will highlight policy changes and how to integrate the changes and recommendations into energy system planning and action.  Discussion of Bill 22 (Modernizing Alberta’s Electricity Grid) and implications for the power sector.  Topics of discussion will include:

• Implications of Bill 22 with a focus on energy storage and expansions to transmission and distribution planning (T-Reg)
• Discussing the change from Regulated Rate Option (RRO) to the Rate of Last Resort
• Reviewing Market Design Changes and other measures to improve market design and efficiency
• Ensuring affordability and reliability while moving to decarbonization targets
• Drafting a new design to restructure the wholesale market