Courtesy of Borden, Ladner and Gervais. View original article here. Alberta continued to rapidly overhaul its electricity market policies with the announcement yesterday that it would cap power rates and introduce a new capacity market in Alberta. Cap on Power Rates The Province announced that by June 2017, it will put in place a cap… [Read More…] about Alberta to Cap Electricity Rates and Bring in a Capacity Market
Alberta’s First Competitive Power Procurement Begins
Courtesy of Borden, Ladner and Gervais. View original article here. Background Alberta will hold its first auction for renewable electricity generation contracts in early 2017. The Province’s implementation of sweeping climate change policies in the electricity sector (previously addressed by BLG in New Opportunities in the Alberta Electricity Market – An Overview) is now supported by… [Read More…] about Alberta’s First Competitive Power Procurement Begins
OEB Staff Confirm That Electric Vehicle Charging Stations Can Be Owned and Operated by LDCs
Courtesy of Borden Ladner Gervais. View original article here. On July 13, 2016, the Ontario government announced that it would build 500 electric vehicle charging stations at 250 locations across the province. This comes shortly after a related announcement on July 7, 2016. On that day, the Ontario Energy Board (“OEB”) staff (“Staff”) published a bulletin (the… [Read More…] about OEB Staff Confirm That Electric Vehicle Charging Stations Can Be Owned and Operated by LDCs
New Regulations Intended to Encourage Consolidation
Courtesy of Borden, Ladner and Gervais. View original article here. The Ministry of Finance (“MOF”) published two regulations on April 25, 2016, implementing the changes described in the April 2015 Ontario Budget. The new regulations are intended to encourage the consolidation of the LDC sector by reducing, and in some cases eliminating significant tax barriers… [Read More…] about New Regulations Intended to Encourage Consolidation
AESO Updates Stakeholders on Alberta’s Renewable Electricity Program
Courtesy of Borden, Ladner and Gervais. View original article here. On March 3, 2016, the Alberta Electric System Operator (AESO) released a questionnaire seeking input into the design of Alberta’s Renewable Electricity Program (REP). The AESO received 138 responses to that questionnaire, and last week it updated the market on what it heard from developers,… [Read More…] about AESO Updates Stakeholders on Alberta’s Renewable Electricity Program
British Columbia Supreme Court Decides that the Province Cannot Abdicate its Authority
Courtesy of Borden, Ladner and Gervais. View original article here. Recently the British Columbia Supreme Court (“Court”) released its reasons for judgment in Coastal First Nations v. British Columbia (Environment), 2016 BCSC 34. The BC Environmental Assessment Office (the “EAO”) had entered into an equivalency agreement (the “Agreement”) with the National Energy Board (“NEB”). The Agreement… [Read More…] about British Columbia Supreme Court Decides that the Province Cannot Abdicate its Authority
Notice – E-Reporting in effect under the British Columbia Environmental Management Act
Courtesy of Borden, Ladner and Gervais. View original article here. n December 2015, the Ministry of Environment sent notices to permit holders informing them that they would now need to e-report. The notices went out to 210 permit holders, all of which had annual fees of more than $20,000 or security/reclamation bonds greater than $100,000.… [Read More…] about Notice – E-Reporting in effect under the British Columbia Environmental Management Act
ASC 2015 Oil and Gas Review Report Suggests Best Disclosure Practices
Courtesy of Borden, Ladner and Gervais. View original article here. The Alberta Securities Commission (the “ASC”) has published its 2015 Oil and Gas Review Report (the “Report”). The Report consists of the ASC’s observations and analysis of oil and gas disclosure by reporting issuers, with a focus on common deficiencies in annual information forms, investor presentations, news… [Read More…] about ASC 2015 Oil and Gas Review Report Suggests Best Disclosure Practices