Alberta Energy market professional trying to help Albertans learn more about their utility costs & choices. Tweets/views are my own, just opinion, not advice.
Alberta
Joined July 2022
- Tweets153
- Following41
- Followers125
- Likes14
ABEnergyExpert retweeted
Here is my interview with the CBC Radio - Calgary Eyeopener with Loren McGinnis - Nov. 29, 2024:
Rate of Last Resort cbc.ca/listen/live-radio/1-5…
👀
Wholesale price of Electricity in Alberta so far today - $0.
Actual Forecast + Supply Surplus Report is forecasting $0 prices out to 5 PM.
If 17 straight hours settle at $0, that would be an all-time consecutive record. Could be a memorable day for Alberta Electricity.
Alberta's "Market Power Mitigation Regulation", designed to limit economic withholding, went live in July.
And it's working.
The revenue cap hit and the Secondary Offer Price Limit is now in effect.
No hour for remainder of July can be offered above $125/MWh (12.5 ¢/kWh)
For the first time in history, Alberta electricity demand exceeds 12,000 Megawatts (MW) in the summer.
Moreover, during the 4:00 PM hour on July 10th, a new all-time high record was set at 12,122 MW, slightly above the forecasted demand of 12,073 MW.
ABEnergyExpert retweeted
The story is out there.
bnnbloomberg.ca/atco-electri…
Pretty shocking this has got zero news coverage. Where is the media on $3 million in *NEW* fines for ATCO for "over-recovery" (aka over-charging)? @ChrisVarcoe @cspotweet @CGriwkowsky @mattscace67
Kudos to @NdbYyc1305 for sharing & @jimwachowich for amplifying this story.
ABEnergyExpert retweeted
ATCO Electric, a regulated Monopoly utility serving Albertans, has now agreed to pay the 2nd and 3rd administrative penalties; All 3 totaling in excess of $30 million.
Is there something wrong at ATCO?
Yesterday the Alberta Utilities Commission posted information about a new settlement proposal with ATCO to deal with further instances of over-recovery from customers by ATCO. Seems like ATCO has a systemic lack of candour problem. 1/3 #ableg
efiling-webapi.auc.ab.ca/Doc…
Pretty shocking this has got zero news coverage. Where is the media on $3 million in *NEW* fines for ATCO for "over-recovery" (aka over-charging)? @ChrisVarcoe @cspotweet @CGriwkowsky @mattscace67
Kudos to @NdbYyc1305 for sharing & @jimwachowich for amplifying this story.
Yesterday the Alberta Utilities Commission posted information about a new settlement proposal with ATCO to deal with further instances of over-recovery from customers by ATCO. Seems like ATCO has a systemic lack of candour problem. 1/3 #ableg
efiling-webapi.auc.ab.ca/Doc…
ABEnergyExpert retweeted
From #energytwitter to a conditionally accepted publication!
Excited to see "Show me the Money! A Field Experiment to Shift EV Charge Timing" in print soon...
h/t @jlappen1 for the quote find!
ABEnergyExpert retweeted
SCOOP: The Alberta gov said its renewables pause came after a request from the Alberta Electric System Operator, but emails show the operator’s top official found the plan ‘very troubling’ and was ‘not comfortable’ supporting it. @drewpanderson reports
thenarwhal.ca/alberta-renewa…
ABEnergyExpert retweeted
Today, alongside Minister of Affordability and Utilities, Nathan Neudorf, we will announce new ways to protect ratepayers from spikes in electricity prices and help all Albertans be more informed about their options. teapawt.net/i/broadcasts/1ypKdkmve…
ABEnergyExpert retweeted
Alberta to keep the RRO, but rename its default electricity rate — the Rate of Last Resort
Technical changes should also reduce volatility and help lower prices.
“It becomes the rate to beat,” says Utilities Minister Nathan Neudorf
calgaryherald.com/business/a… #ableg #yyc #yeg
ABEnergyExpert retweeted
Varcoe: Alberta's power market reforms could save consumers $8B over a decade, but at 'expense of investor confidence,' report finds calgaryherald.com/opinion/co… #ableg #yyc #yeg #abpower
Details on the City of Calgary’s new “Quantity Only Model for Franchise Fees” which will dictate how Local Access Fees will be handled in 2027 can be found here:
pub-calgary.escribemeetings.…
With electricity rates starting to decline, our government’s next move is to tackle local access fees on your utility bills. Stay tuned.
Read article: calgaryherald.com/opinion/co…
ABEnergyExpert retweeted
With electricity rates starting to decline, our government’s next move is to tackle local access fees on your utility bills. Stay tuned.
Read article: calgaryherald.com/opinion/co…
ABEnergyExpert retweeted
Varcoe: Nenshi keeps blasting on power front as NDP undertake major reform of electricity market. calgaryherald.com/business/e… #ableg #yyc #yeg
Hopefully he doesn't forget this and manages the electricity file better if he and the NDP win in 2027.
ABEnergyExpert retweeted
Alberta's United Conservative government is updating electricity market rules to ensure an affordable, reliable and sustainable grid for generations to come. ⚡️
Read more here ➡️ alberta.ca/release.cfm?xID=8…
#ableg #abpoli
