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Publish Date : 13-May-2016

The lead person of Albertas power grid operator said he hopes to complete a report prior the end of the month on how to accelerate renewable energy investments in the region.

David Erickson, chief executive of the Alberta Electric System Operator, said that the report will then be presented to the provincial government, with information of the plan hoped to be nailed in the Q3.

That might provide adequate time to start the first round of bidding on several renewable energy projects by the year end, with the focus of having the new power sources coming online in 2019.

Erickson explained the timeline as achievable.

Its an aggressive timeline but I dont think its too aggressive. I dont think its going to lead to inappropriate outcomes because of the short timeline, he said.

Erickson said the renewable energy procurement process must generally follow the suggestions of the government-commissioned climate helm report tabled last November, but that the AESO is still improving details on the issue after hearing from around 140 stakeholder groups.

The process will comprise requests for interest and proposals, with the government focusing to have the initial deals granted in the Q2 of 2017.

Erickson said there is already strong interest in developing renewables in Alberta and that he hopes various bids in the process.

I dont think we will lack for competition if we do this right, he said.

Albertas NDP government has devoted to phasing out coal-fired power plants and raising renewable energys share of the power supply to around 30% till 2030.

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