The AESO will provide limited funding market participants, or associations of market participants (to a maximum of $50,000 per market participant) to enable their ongoing participation in the AESO’s stakeholder engagements on the market design and ISO rules for the restructured energy market (the REM Engagements).
We understand that some market participants may not have sufficient funds to support their ongoing participation in the REM Engagements. The resulting market design and ISO rules will not initially be subject to an Alberta Utilities Commission (AUC) proceeding and approval process, through which similar funding would otherwise be available.
Background
Consistent with direction from the Government of Alberta, the AESO began to solicit stakeholder feedback on a design for the REM in March of 2024, with a goal of creating a robust market design to ensure that Alberta’s electricity framework remains affordable, reliable, investable and sustainable for generations to come.
In December 2024, the Government of Alberta announced that it would bring forward the necessary policy tools to allow the initial set of ISO rules required for the REM to be enacted via legislation. Under this approach, the REM design and rules would be initially approved by Government and will not initially be subject to consideration or approval by the AUC.
To date, the AESO has completed several rounds of in-person and virtual information sessions, design sprints, design finalization sessions, and written feedback to progress and finalize the REM design. At each stage of the engagement, participation from a broad range of stakeholders from across the province and industry has been critical. The AESO understands that participation in the REM Engagements has been time and resource-intensive, and that certain stakeholders may be unable to continue their involvement in the REM Engagements for financial reasons.
The AESO will encourage ongoing stakeholder participation in the REM Engagements by supporting eligible market participants with this funding.
Key Dates and Materials
May 30, 2025 | Confirmation of Eligibility
May 15 - 26, 2025 | Funding Application window
May 8, 2025 | Stakeholder Responses and Feedback due
The AESO will provide limited funding market participants, or associations of market participants (to a maximum of $50,000 per market participant) to enable their ongoing participation in the AESO’s stakeholder engagements on the market design and ISO rules for the restructured energy market (the REM Engagements).
We understand that some market participants may not have sufficient funds to support their ongoing participation in the REM Engagements. The resulting market design and ISO rules will not initially be subject to an Alberta Utilities Commission (AUC) proceeding and approval process, through which similar funding would otherwise be available.
Background
Consistent with direction from the Government of Alberta, the AESO began to solicit stakeholder feedback on a design for the REM in March of 2024, with a goal of creating a robust market design to ensure that Alberta’s electricity framework remains affordable, reliable, investable and sustainable for generations to come.
In December 2024, the Government of Alberta announced that it would bring forward the necessary policy tools to allow the initial set of ISO rules required for the REM to be enacted via legislation. Under this approach, the REM design and rules would be initially approved by Government and will not initially be subject to consideration or approval by the AUC.
To date, the AESO has completed several rounds of in-person and virtual information sessions, design sprints, design finalization sessions, and written feedback to progress and finalize the REM design. At each stage of the engagement, participation from a broad range of stakeholders from across the province and industry has been critical. The AESO understands that participation in the REM Engagements has been time and resource-intensive, and that certain stakeholders may be unable to continue their involvement in the REM Engagements for financial reasons.
The AESO will encourage ongoing stakeholder participation in the REM Engagements by supporting eligible market participants with this funding.
We are gauging interest from market participants on the proposed AESO Funding for REM Engagement Participation process, which will allow them to apply to the AESO for funding required for the REM design and ISO rules engagements.
The AESO will post all feedback received in its original format.
To submit your responses, you must be registered and signed in on the AESO Engage platform.
Please click on the "Submit Stakeholder Feedback" box below to begin the survey and provide your specific comments.
Please submit one completed survey per organization.
All responses will be shared on AESO Engage.
Responses are due by 4:00 p.m. MT on May 8, 2025.
Stakeholder Questions:
Are you a market participant or association of market participants that requires funding to engage in the remainder of the REM Engagements? If yes, please explain why.
Do you have any comments on the proposed funding process?
Funding Inforamation & Process Posted | April 30, 2025
Funding for Participation in REM Engagements is currently at this stage
Stakeholder Responses Due | May 8, 2025
this is an upcoming stage for Funding for Participation in REM Engagements
Market participants to express interest and provide comments.
Application Window | May 15 - 26, 2025
this is an upcoming stage for Funding for Participation in REM Engagements
Market participants to submit their applications to the AESO for evaluation.
Confirmation of Eligibility | May 30, 2025
this is an upcoming stage for Funding for Participation in REM Engagements
The AESO will respond to all applicants to confirm or deny eligibility.
Documentation Required
this is an upcoming stage for Funding for Participation in REM Engagements
The AESO will require supporting documentation for all funding applications once notice is provided to eligible applicants that the REM Engagements are complete.
Disbursement of Funds
this is an upcoming stage for Funding for Participation in REM Engagements
The AESO will distribute funds within 30 days of receiving supporting documentation from eligible applicants.
