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

    Revealed! 3 of my favourite FTSE 100 income stocks right now

    Stock Market

    US Stock Market Today: Wall Street falls on AI bubble concerns, Broadcom tumbles 11%, Oracle slips 5.8%

    Stock Market

    NASDAQ 100 Slides 1.9% as Tech Stocks Weigh on Wall Street

    Stock Market

    AI Is Great for Utilities. It’s Also a Political Headache

    Stock Market

    The 5 Dividend Stocks I’d Trust With Everything I Own

    Stock Market

    Top 3 Vanguard Stock ETF Picks for 2026

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Energy minister says ‘there’s no shortcut’ to bringing down bills – as price cap rise announced | Politics News

    Stock Market

    NMDC Interim Dividend 2025: Maharatna PSU Stock To Trade Ex-Date Today

    Cryptocurrency

    Budget a missed opportunity, say crypto startups

    Editors Picks

    WeThinkCode forme des talents tech via l’IA 

    June 11, 2025

    Ex-Man Utd star shares Cristiano Ronaldo retirement prediction – ‘The perfect end’

    November 4, 2025

    RMC MINING (teaches you how to use XRP) – The fastest way to mine cryptocurrency

    September 14, 2025

    State Street intègre River Global à son service d’agence de transfert reposant sur ZILO™

    March 6, 2025
    What's Hot

    Lucarne Opposée – Gold Cup 2025 : Mexique – USA en finale

    July 3, 2025

    1 Top Cryptocurrency to Buy Before It Soars 525% by 2028, According to Wall Street Analyst Geoff Kendrick

    October 1, 2025

    Cryptocurrency is still growing in SA, but it’s far from popular

    October 20, 2025
    Our Picks

    Gold price continues record run amid geopolitical tensions

    October 21, 2024

    Jeel and Mambu join forces to power Saudi Arabia’s fintech sandbox and pave the way for banking as a service

    October 27, 2025

    Stunts and bonds built on UMN artistic swimming team – The Minnesota Daily

    October 20, 2024
    Weekly Top

    US Stock Market Today: Wall Street falls on AI bubble concerns, Broadcom tumbles 11%, Oracle slips 5.8%

    December 12, 2025

    Is Your Retirement Fund Prepared for a Crisis? Here’s What Most People Overlook

    December 12, 2025

    Eos Energy’s Backlog Is Impressive – Its Valuation Even More So (NASDAQ:EOSE)

    December 12, 2025
    Editor's Pick

    Before You Reshore, Check The Financials

    September 22, 2025

    European Bonds: Have France’s Elections Changed The Game?

    July 19, 2024

    Commodity weekly: Market jitters on the rise ahead of U.S. elections

    October 25, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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