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

    Nine firms land United Utilities £205m reservoir works framework

    Stock Market

    How Technology Shapes the Way We Move, Speak, and Think

    Stock Market

    Dow, S&P 500, Nasdaq futures rise as Wall Street looks to big bank earnings

    Stock Market

    Scott Technology wins $44m US and Brazil automation contracts

    Stock Market

    Costco: Chasing Special Dividends And Overpriced Stocks May Not End Well (NASDAQ:COST)

    Stock Market

    Dow, S&P 500, Nasdaq stage comeback as Trump tempers tariff talk toward China

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    How Amazon’s AI Investments are Affecting Its Stock Price

    Commodities

    C’est l’un des jeux préférés du créateur de Metal Gear et Death Stranding, et il est gratuit avec le Nintendo Switch Online

    Commodities

    Bullet For My Valentine: the story behind The Poison

    Editors Picks

    Penn State Extension seeks input on agricultural safety and health programming

    October 12, 2025

    “Des frais ridicules” : une passagère priée de payer 60 euros de plus auprès de RyanAir pour embarquer avec une gourde en métal

    February 18, 2025

    Agricultural Sector Empowerment – Daily Excelsior

    June 12, 2025

    DBV Technologies participera à la conférence Citizens JMP Life Sciences

    May 5, 2025
    What's Hot

    Public Property Invest Asa acquiert deux propriétés adjacentes dédiées aux soins de santé et aux services communautaires en Finlande

    May 30, 2025

    Tim O’Neal fires 65, wins Dominion Energy for first Champions title – Field Level Media – Professional sports content solutions

    October 20, 2024

    Klarna IPO: how did the Swedish fintech perform on debut?

    September 11, 2025
    Our Picks

    What are Rachel Reeves’ options on property tax?

    August 20, 2025

    Ripple Enters The Crypto Custody Market with New Services for Banks and Fintech Firms

    October 11, 2024

    Preorder a limited-edition vinyl variant of Megadeth’s final album, plus an art card signed by the band only available through Metal Hammer

    October 3, 2025
    Weekly Top

    Who Really Controls the Future of Currency?

    October 14, 2025

    Silver Price Hits Record High: Ways to invest in silver and how gains from white metal are taxed? Check out everything inside

    October 14, 2025

    Star Copper Drill Program Mobilizes Additional Rig at Copper Creek to Test High Value Historic Target in BC

    October 14, 2025
    Editor's Pick

    Apirone report on Cryptocurrency Trends in Payment Processors

    August 16, 2024

    droite et extrême-droite veulent barrer la route aux énergies renouvelables

    June 23, 2025

    Huntington’s bond rating upgraded to AAA

    July 14, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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