Alberta initiates renewable procurement programme
The Alberta Electric System Operator (AESO) has issued a Request for Expressions of Interest (REOI) to initiate the first competitive procurement process as part of the Renewable Electricity Program (REP).
The REP program is intended to encourage the development of 5,000 MW of renewable electricity generation capacity connected to the Alberta grid between now and 2030.
The AESO is responsible for implementing and administering the program through a series of competitions that will incent the development of renewable electricity generation through the purchase of renewable attributes.
The AESO is now accepting Expressions of Interest for REP Round 1 until April 21, 2017.
REP Round 1:
- Will procure up to 400 MW of renewable electricity capacity
- Must be operational in 2019
- Applicable to new or expanded projects in Alberta
- Must be equal to or greater than 5 MW
- Must meet the Natural Resources Canada definition of renewable energy
- Must utilize the existing transmission and/or distribution system
- An Indexed Renewable Energy Credit will be used
An REOI information session will be held at 1:30 p.m. on April 18, 2017 at the Westin Hotel in Calgary. You can have further information on our business opportunities section.
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