Stakeholder Update

The AESO has continued to progress its Market Pathways initiative to consider longer-term structural changes to Alberta’s electricity market framework. In light of this initiative, the AESO has decided to defer moving forward with the Proposed OR Market Review Rule Amendments until such time as there is clarity regarding longer-term market changes that may be required.

Should the AESO determine it appropriate to apply for approval of the Proposed OR Market Review Rule Amendments to the Alberta Utilities Commission at a later date, it will update Stakeholders prior to doing so. For additional information, please see the Dec. 15, 2023 Stakeholder Update Letter.

Purpose

Following Stakeholder consultation through the Operating Reserve (OR) Market Review on aeso.ca, the AESO has identified necessary amendments to the following ISO rules:

• Section 205.1, Offers for Operating Reserve
• Section 205.3, Restatements for Operating Reserve
• Section 205.4, Regulating Reserve Technical Requirements and Performance Standards
• Section 205.5, Spinning Reserve Technical Requirements and Performance Standards
• Section 205.6, Supplemental Reserve Technical Requirements and Performance Standards
• Section 502.8, SCADA Technical and Operating Requirements

The AESO proposes to consult with Stakeholders on the OR Market Review Rule Amendments which include enabling participation in the OR market from assets with maximum capability equal to or greater than 1 MW, and indexing the activation price to the pool price and applying the ISO bid as an offer cap.