Power Advisory has published a good overview of the electricity market changes announced by the Alberta government this week, including the very helpful table below that compares the MSA's Enhanced Energy Market (EEM) recommendations and the AESO's Restructured Energy Market (REM) recommendations. My recommendation is to agree on a common name :-) Check out the Power Advisory article in the link below. I've also provided a link to the new Market Power Mitigation Regulation for those interested. Power Advisory overview: https://lnkd.in/gtthXe-n Market Power Mitigation Regulation: https://lnkd.in/g4UhwEjP
Patrick Robinson
9mo
Looks like some significant disagreements between the two starting with AESO wish to add a 4th digit to the cost, 999 seems like a nice number. Some of those near the bottom need to be addressed regarding intermittent sources and storage, if we aren’t going to have a capacity market shouldn’t we be mandating renewables proponents have to provide their own back up for every MW installed, 1, 2 -6 hours worth? That won’t help in a 2 week Siberian high in February nor does it provide inertia but at least it’s something
Engineer, Carbon Markets | Industrial Decarbonization | Gas Plants & Cogeneration
9moThanks Jason - any further insight on implementing negative pricing?