Courtesy of Borden Ladner Gervais. View original article here. In January 2017, in ABAER 001 – Bonavista Energy Corporation A Regulatory Appeal of Two Well Licences and an Application for a Pipeline Gilby Field (Bonavista case), the Alberta Energy Regulator (AER) issued the first of its decisions for 2017 confirming two horizontal gas well licenses it issued… [Read More…] about Regulating in the Green Era: the AER Rules Land Disturbance Not Justifiable by Short-term Economic Advantage of New Pipeline
Ready, Set, Go: Alberta’s Renewable Electricity Procurement Begins
Courtesy of Borden Ladner Gervais. View original article here. As promised, the Alberta Electric System Operator (AESO) kicked off what it is calling “REP Round 1” by issuing a Request for Expressions of Interest (REOI) for Round 1 of its Renewable Electricity Procurement (REP). The REOI is the first stage of a much anticipated 3… [Read More…] about Ready, Set, Go: Alberta’s Renewable Electricity Procurement Begins
Fairness Opinions – Is There a New Interoil Standard?
Courtesy of Borden Ladner Gervais. View original article here. The Supreme Court of Yukon recently issued a final order approving the plan of arrangement whereby ExxonMobil Corporation would acquire all of the outstanding shares of InterOil Corporation. This was the second attempt by InterOil to obtain court approval in connection with the arrangement with ExxonMobil, its… [Read More…] about Fairness Opinions – Is There a New Interoil Standard?
The Fair Hydro Plan: “The Times They Are A Changing”…Again
Courtesy of Borden Ladner Gervais. View original article here. The Ontario government’s March 2, 2017 announcement of its “Fair Hydro Plan” marks a historic shift in direction in an electricity sector that has witnessed many transformational events over the past 25 years. Historical milestones include: Premier Bob Rae’s appointment of Maurice Strong to restructure the… [Read More…] about The Fair Hydro Plan: “The Times They Are A Changing”…Again
What Are the Implications for Boards of Directors in Light of the Redwater Decision?
Courtesy of Borden, Ladner Gervais. View original article here. From the public policy standpoint, there has been a shift towards more environmental stewardship in Canada, evidenced by heightened media attention on environmental issues and by an expanded legal framework relating to the management of environmental liabilities. For example, directors may be personally liable for violation… [Read More…] about What Are the Implications for Boards of Directors in Light of the Redwater Decision?
Designing Alberta’s New Electricity Capacity Market: Work Begins but Much to be Done
Courtesy of Borden Ladner Gervais. View original article here. Earlier this month, members of BLG attended the Alberta Electric System Operator’s (AESO’s) first stakeholder engagement session in Calgary on the design of Alberta’s forthcoming capacity market. As we wrote about in Alberta to Cap Electricity Rates and Bring in a Capacity Market, the provincial government first… [Read More…] about Designing Alberta’s New Electricity Capacity Market: Work Begins but Much to be Done
Ontario Net Metering Regulation: Ministry Posts Updated Regulatory Proposal
Courtesy of Borden Ladner Gervais. View original article here. On December 22, 2016, the Ontario Ministry of Energy (the “Ministry”) posted an update to its August 19, 2016 regulatory proposal for revising the Net Metering Regulation: O. Reg. 541/05 (the “Regulation”). The Regulation established a province-wide net metering program in 2005 (the “Program”) by requiring electricity distributors… [Read More…] about Ontario Net Metering Regulation: Ministry Posts Updated Regulatory Proposal
OEB Approves Consolidation of Enersource Hydro Mississauga, Horizon Utilities, PowerStream and Hydro One Brampton Networks
Courtesy of Borden Ladner and Gervais. View original article here. Introduction In April of this year, Enersource Hydro Mississauga Inc. (“Enersource”), Horizon Utilities Corporation (“Horizon”), and PowerStream Inc. (“PowerStream”), three of the largest municipally owned local electricity distribution companies (“LDCs”) in Ontario, applied to the Ontario Energy Board requesting approval to amalgamate to form a… [Read More…] about OEB Approves Consolidation of Enersource Hydro Mississauga, Horizon Utilities, PowerStream and Hydro One Brampton Networks
Québec Passes New Legislation Governing Clean Energy and Oil and Gas Exploration
Courtesy of Borden, Ladner and Gervais. View original article here. Introduction On December 10, 2016, the Québec National Assembly passed Bill 106: An Act to implement the 2030 Energy Policy and to amend various legislative provisions (“Bill 106”). Bill 106 enacts or amends various pieces of legislation relating to clean energy and oil and gas exploration in… [Read More…] about Québec Passes New Legislation Governing Clean Energy and Oil and Gas Exploration
Cap and Trade: MOECC Releases Offset Credits Regulatory Proposal
Courtesy of Borden, Ladner and Gervais. View original article here. On November 15, 2016, the Ontario Ministry of the Environment and Climate Change (“MOECC”) published the Compliance Offset Credits Regulatory Proposal (the “Proposal”) on the carbon offset program that is being developed to complement the province’s cap and trade system. Under Ontario’s cap and trade program, which will commence on… [Read More…] about Cap and Trade: MOECC Releases Offset Credits Regulatory Proposal