Key Dates and Materials

• May 9, 2024 | REM Recommendation & Design Elements Survey Comments Posted

Background

• The AESO is currently reviewing both the EWG and public survey responses and will share the results with the Minister of Affordability and Utilities once complete. Once the review is completed the next round of engagements will be posted and advertised through the AESO Stakeholder Newsletter.

• The purpose of the EWG session was to level-set the background of the REM report, to hear initial thoughts on the design elements of the REM and to get thoughts on the engagement process going forward.

• The AESO provided the REM recommendation report to the Minister on January 31, 2024. We kicked off the REM recommendation report engagement with a two-day EWG and SME session on April 22 & 23.

Fall EWG Background

• AESO to provide their recommendations on market incentives, design and role of new dispatchable technologies to Minister on January 31, 2024

• We are engaging senior industry leaders to gather your perspectives and insights for consideration as we formulate our recommendations.

• Timelines are truncated; we are pivoting to meet report deadline

• These are complex issues – it will take an investment of time to identify areas of common ground and we may not fundamentally agree or align on all issues.

• This process is a collaborative engagement – AESO needs to retain flexibility to coordinate with other agencies and MAU to ensure a consistent and comprehensive policy outcome.

• We will not be able to share our final recommendation report with you in advance of providing it to government, and ultimately government will decide how that report will be considered. To the greatest extent possible, we will advocate for transparency in accordance with our engagement principles.

Purpose and Objectives