Identify market pathways that inform the future evolution of Alberta’s market design considering transformational changes expected on the Alberta Interconnected Electric System (AIES).
Purpose
Identify market pathways, in collaboration with stakeholders, that inform the future evolution of Alberta’s market design considering transformational changes expected on the AIES. This priority initiative is intended to evaluate the sustainability of the current market design and provide recommendations for change. A key focus will be on how to achieve reliability and affordability through competition.
Collaborative Engagement Approach
Engage stakeholders early on to effectively collaborate on issues and options for market design. As part of our initial thoughts, the AESO is exploring a targeted workgroup approach that could include meeting frequently to progress through identified issues, a wide-range of options and potential solutions. To ensure transparency and support a collaborative approach, the AESO is considering periodic check-ins with the wider industry on workgroup progress, which is intended to provide opportunities to gather the broader stakeholder community's input and understand their perspectives on issues, options and potential solutions. Targeted workgroup membership would ideally include balanced industry representation to ensure a wide spectrum of perspectives is included at this focused discussion level. More details will be shared on our proposed approach with the release of our Market Pathways Primer document the week of July 31, 2023.
Proposed phased approach and associated engagement timeline:
Q3 2023
Phase I: Scoping of Initiative and Issue Identification
Q3 2023 - Q1 2024
Phase II: Determination of Targeted Workgroup; Evaluation of Issues, Options, Potential Solutions and Timing
Q1 2024 - Q2 2024
Phase III: Pathways Identification and Recommendations
Q3 2024 Onwards
Phase IV: Implementation
Background
Alberta’s electricity market structure faces new and increasing challenges to support a reliable and affordable electricity system. The AESO has noted key operational and reliability challenges occurring as a result of this transformation that test the sustainability of the existing market design. Building on the Net-Zero Pathways Report and the Reliability Requirements Roadmap – Market Pathways is the next stage in evaluating the sustainability of the existing market structure.
Identify market pathways that inform the future evolution of Alberta’s market design considering transformational changes expected on the Alberta Interconnected Electric System (AIES).
Purpose
Identify market pathways, in collaboration with stakeholders, that inform the future evolution of Alberta’s market design considering transformational changes expected on the AIES. This priority initiative is intended to evaluate the sustainability of the current market design and provide recommendations for change. A key focus will be on how to achieve reliability and affordability through competition.
Collaborative Engagement Approach
Engage stakeholders early on to effectively collaborate on issues and options for market design. As part of our initial thoughts, the AESO is exploring a targeted workgroup approach that could include meeting frequently to progress through identified issues, a wide-range of options and potential solutions. To ensure transparency and support a collaborative approach, the AESO is considering periodic check-ins with the wider industry on workgroup progress, which is intended to provide opportunities to gather the broader stakeholder community's input and understand their perspectives on issues, options and potential solutions. Targeted workgroup membership would ideally include balanced industry representation to ensure a wide spectrum of perspectives is included at this focused discussion level. More details will be shared on our proposed approach with the release of our Market Pathways Primer document the week of July 31, 2023.
Proposed phased approach and associated engagement timeline:
Q3 2023
Phase I: Scoping of Initiative and Issue Identification
Q3 2023 - Q1 2024
Phase II: Determination of Targeted Workgroup; Evaluation of Issues, Options, Potential Solutions and Timing
Q1 2024 - Q2 2024
Phase III: Pathways Identification and Recommendations
Q3 2024 Onwards
Phase IV: Implementation
Background
Alberta’s electricity market structure faces new and increasing challenges to support a reliable and affordable electricity system. The AESO has noted key operational and reliability challenges occurring as a result of this transformation that test the sustainability of the existing market design. Building on the Net-Zero Pathways Report and the Reliability Requirements Roadmap – Market Pathways is the next stage in evaluating the sustainability of the existing market structure.
The AESO will be hosting a virtual Industry update on October 12, 2023 from 9:30 a.m. to 12:00 p.m.
Purpose
The purpose of this information session is to outline how the AESO is adapting its Market Pathways engagement plan to better align with other key initiatives.
The Market Pathways Primeris intended to provide information to stakeholders on the system/market issues and priorities identified to date by the AESO, as well ason the AESO’s proposed Market Pathways process andengagement approach. The AESO is requesting stakeholder feedback on these key pieces to set the foundation for and to inform the Market Pathways initiative going forward.
Thank you in advance for your time and for your contribution to Market Pathways and the collective work that needs to be done to meet the future needs of Alberta’s electricity system.
Lifecycle Phase I | Scoping of Initiative & Issue Identification
Launch of Market Pathways | June 27, 2023
Market Pathways has finished this stage
Announce the launch of Market Pathways and share initial thoughts on purpose and approach at the AESO's inaugural Stakeholder Symposium.
Request for Initial Written Feedback | Aug. 1 - Sept. 5, 2023
Market Pathways has finished this stage
Gather written feedback from stakeholders on the Market Pathways Primer document, which will include proposed objective, issues from the perspective of the AESO, and proposed engagement approach.
AESO Review of Written Stakeholder Feedback | September 2023
Market Pathways is currently at this stage
Review and consider stakeholder submissions on the engagement approach and comprehensive issues.
Stakeholder Session | Industry Update Oct. 12, 2023
this is an upcoming stage for Market Pathways
Industry session to outline how the AESO is adapting its Market Pathways engagement plan to better align with other key initiatives.