Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Stock Market»Transforming the utilities system | Alberta.ca
    Stock Market

    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

    Related Posts

    Stock Market Today LIVE: Gift Nifty signals flat start for Nifty 50, Sensex; Nikkei rallies, Iran-US talks in focus

    Stock Market

    3 Stocks That Have Paid Dividends for Over 50 Consecutive Years and Are Still Buys

    Stock Market

    Stock Market Live February 17, 2026: S&P 500 (ETF) Fighting to Go Green Again

    Stock Market

    Goldman Sachs Is Raising Price Targets 10%+ on 4 Blue Chip Dividend Stocks

    Stock Market

    IDC MarketScape names Hitachi Energy a Leader in Asset Performance Management for Worldwide Utilities

    Stock Market

    The Week In Technology, Feb. 16-20, 2026

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Miliband pledges up to £1bn for community green energy schemes | Renewable energy

    Property

    Singapore High Court rules that property ‘decoupling’ is illegal if done solely to avoid taxes

    Commodities

    Commodities take the elevator up and the stairs down | Insights

    Editors Picks

    World Bank’s IFC pumps $137 million into India’s e-bus revolution with investments in JBM and GreenCell

    September 11, 2025

    Tears of Metal Releases Steam Next Fest Demo Early

    October 12, 2025

    Public Property Invest ASA : Résultats financiers en forte progression au deuxième trimestre et au premier semestre 2025

    July 11, 2025

    Canadian General Investments: Investment Update – Unaudited

    June 4, 2025
    What's Hot

    Investments rise in data, AI, outpacing physical assets: UN

    July 9, 2025

    Joey Aguilar built bonds Nico Iamaleava couldn’t at Tennessee: Report

    September 12, 2025

    What Is a Commodities Exchange? How It Works and Types

    August 5, 2024
    Our Picks

    Man arrested and $410,000 in Cryptocurrency frozen after Garda raid in Doughiska

    February 2, 2026

    CBN raises alarm over reliance on foreign fintech in Nigeria

    February 8, 2026

    different rules for different investments sows confusion – The Irish Times

    November 10, 2025
    Weekly Top

    How Student Loans Are Hurting Your Retirement—And What They Could Cost You

    February 17, 2026

    Wheaton Precious Metals puts down a US$4.3 billion bet on silver – BNN Bloomberg

    February 17, 2026

    Is $2 Million Sufficient for Retirement? Experts Share Their Insights

    February 17, 2026
    Editor's Pick

    Astrea bonds open up private market for S’pore retail investors, but note the risks, say observers

    August 5, 2025

    Crude oil futures decline amid uncertainty over US trade tariff rulings 

    May 29, 2025

    Twisted Metal Season 2 Review

    August 17, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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