Osler

Alberta’s first Renewable Electricity Program competition brings record-low wind power prices

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Courtesy of Osler. View original article here. On December 13, 2017, the Alberta Electric System Operator (AESO) announced the results of the first round of the Alberta Renewable Electricity Program (REP) competition. The REP is intended to encourage the development of 5,000 megawatts (MW) of renewable electricity generation capacity to the Alberta grid to meet… [Read More…] about Alberta’s first Renewable Electricity Program competition brings record-low wind power prices

Market Watchdog Provides “No Guidance” on Controversial Offer Behaviour Amid Power Market Changes

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Courtesy of Osler. View original article here. For electricity market participants, the practice of intentionally pricing power generation out of the market to drive price spikes is one of particular interest. This practice – commonly referred to as “economic withholding” – is regarded as illegal in some jurisdictions, but has been accepted as permissible behaviour… [Read More…] about Market Watchdog Provides “No Guidance” on Controversial Offer Behaviour Amid Power Market Changes

AESO Kicks Off Renewable Electricity Program

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Courtesy of Osler. View original article here. On March 31, 2017, the Alberta Electric System Operator (AESO) kicked off the Request for Expressions of Interest (REOI) phase of the Renewable Electricity Program (REP) (described below). Proponents interested in participating in the first round of the REP must submit their completed Expression of Interest form (EOI Form) by… [Read More…] about AESO Kicks Off Renewable Electricity Program

Ontario’s “Fair Hydro Plan” changes provincial electricity pricing and expands opportunities for behind-the-fence generation

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Courtesy of Osler. View original article here. On March 2, 2017, the Government of Ontario released highlights of its “Fair Hydro Plan” (the Plan), significantly reducing the price of electricity for many groups in Ontario and expanding opportunities for the development of behind-the-fence generation. The most significant element of the Plan is a 25% reduction… [Read More…] about Ontario’s “Fair Hydro Plan” changes provincial electricity pricing and expands opportunities for behind-the-fence generation

Fairness Opinions After InterOil

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Courtesy of Osler. View original article here. The Supreme Court of Yukon recently issued its reasons for approving Exxon Mobil’s acquisition of InterOil [PDF], which closed on February 22, 2017.  The original $2.3 billion arrangement was blocked by the Yukon Court of Appeal on the basis that it was not fair and reasonable, in large part due to the… [Read More…] about Fairness Opinions After InterOil

Return to Mineral Exploration – A Legal Perspective

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Courtesy of Osler. View original article here. The past few years have not been kind to mineral exploration companies. In the face of uncertain commodity prices — and a difficult financing environment that focused on production or development stage assets — exploration budgets were slashed by both major and junior companies alike. But, as 2017… [Read More…] about Return to Mineral Exploration – A Legal Perspective

New Alberta Wind Energy Guidelines Include Prescriptive Environmental Requirements

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Courtesy of Osler. View original article here. On January 27, 2017, Alberta Environment and Parks (AEP) released its long-anticipated Wildlife Directive for Alberta Wind Energy Projects (Directive), effective that day. The Directive updates the 2011 Wildlife Guideline for Alberta Wind Energy Projects (2011 Guidelines) and includes a summary of potential wildlife issues associated with wind energy developments in Alberta.… [Read More…] about New Alberta Wind Energy Guidelines Include Prescriptive Environmental Requirements

Carbon and Greenhouse Gas Legislation Across Canada

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Courtesy of Osler. View original article here. Canada is establishing a unique, two-tiered approach to climate change regulation. At the federal level, there is a proposed national carbon pricing policy which sets a minimum price on greenhouse gas emissions throughout Canada. This is supplemented by several provincial initiatives, which have established various mechanisms to tax,… [Read More…] about Carbon and Greenhouse Gas Legislation Across Canada

Ontario Introduces New Record-Keeping Requirements for Corporate Landowners

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Courtesy of Osler. View original article here. On December 10, 2016, amendments to the Ontario Business Corporations Act (the OBCA) will come into effect that will require all corporations incorporated under the OBCA to comply with new onerous record-keeping requirements with respect to interests in land in Ontario. The Forfeited Corporate Property Act, 2015 (the FCPA) comes into force on… [Read More…] about Ontario Introduces New Record-Keeping Requirements for Corporate Landowners

Getting the Deal Through: Electricity Regulation

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Courtesy of Osler. View original article here.  The electricity markets in Canada, unlike most other states, are regulated primarily at the provincial level and not at the federal level. In this article, which originally appeared in Getting the Deal Through, Richard King, a partner in Osler’s Regulatory, Environmental, Aboriginal and Land Practice Group, outlines the regulation and business… [Read More…] about Getting the Deal Through: Electricity Regulation