REM Technical Design
Important Materials and Deadlines
Nov. 22, 2024 | AESO Quantitative Review and E3 REM Preliminary Report posted
Nov. 20, 2024 | Reserve Offer Cap Calculations posted
Nov. 19, 2024 | Dec. 12 Information Session registration link posted
Nov. 18, 2024 | Materials posted:
- Sprint 6 Agenda and virtual registration links
- Sprints 4 & 5 Summary
- Sprint 5 Stakeholder Presentation Day
Nov. 15, 2024 | Materials posted:
- Data:
- 2018 Capacity Market Consultation Documents:
Purpose
We have embarked on a multi-phased engagement with industry stakeholders to advance work on the new market design through the fall of 2024. It will be comprised of a series of information sessions, written feedback cycles, and consultation sprints to dive deeper into each workstream to explore and consider stakeholder perspectives and inputs prior to beginning the required regulatory processes early in 2025.
We will strive to ensure overall alignment with the stated REM objectives of:
- Reliability
- Affordability
- Decarbonization by 2050
- Reasonable implementation
Material will be covered according to six workstreams, including:
- Day-Ahead Market
- Market Power Mitigation
- Pricing and Reserve Market
- Market Clearing
- Intertie Participation
- Shorter Settlement
Engagement Schedule (revised Oct. 25, 2024)
Important Materials and Deadlines
Nov. 22, 2024 | AESO Quantitative Review and E3 REM Preliminary Report posted
Nov. 20, 2024 | Reserve Offer Cap Calculations posted
Nov. 19, 2024 | Dec. 12 Information Session registration link posted
Nov. 18, 2024 | Materials posted:
- Sprint 6 Agenda and virtual registration links
- Sprints 4 & 5 Summary
- Sprint 5 Stakeholder Presentation Day
Nov. 15, 2024 | Materials posted:
- Data:
- 2018 Capacity Market Consultation Documents:
Purpose
We have embarked on a multi-phased engagement with industry stakeholders to advance work on the new market design through the fall of 2024. It will be comprised of a series of information sessions, written feedback cycles, and consultation sprints to dive deeper into each workstream to explore and consider stakeholder perspectives and inputs prior to beginning the required regulatory processes early in 2025.
We will strive to ensure overall alignment with the stated REM objectives of:
- Reliability
- Affordability
- Decarbonization by 2050
- Reasonable implementation
Material will be covered according to six workstreams, including:
- Day-Ahead Market
- Market Power Mitigation
- Pricing and Reserve Market
- Market Clearing
- Intertie Participation
- Shorter Settlement
Engagement Schedule (revised Oct. 25, 2024)
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Level of Engagement
Consult: Gather input and feedback from stakeholders
Refer to the AESO’s Engagement Framework for our approach to engagement
AESO Materials
- AESO Quantitative Review and E3 REM Preliminary Report [Posted: Nov. 22, 2024] (4.41 MB) (pdf)
- Sprint 6 Agenda [Posted: Nov. 18, 2024] (199 KB) (pdf)
- REM Design Sprints 4 & 5 Summary [Posted: Nov. 18, 2024] (394 KB) (pdf)
- Sprint 5 - Stakeholder Presentations [Posted Nov. 18, 2024] (365 KB) (pdf)
-
Data [Posted Nov. 15, 2024]
- Reserve Offer Cap Calculations [posted Nov 20, 2024] (28 KB) (xlsx)
- Smooth Scarcity Pricing Curve [Posted: Nov. 14, 2024] (135 KB) (xlsx)
- 24-hour Forecast and Actual Wind, Solar and Load [Posted Nov. 14, 2024] (1.45 MB) (xlsx)
- 10-minute Forecast and Actual Wind, Solar and Load [Posted: Oct. 16, 2024] (8.65 MB) (xlsx)
- 60-minute Forecast and Actual Wind, Solar and Load [Posted: Oct. 16, 2024] (1.45 MB) (xlsx)
-
Capacity Market Consultation Documents [Posted Nov. 15, 2024]
- Capacity Market CMD Consolidated Final Proposal 18JUN2018 [Posted Nov. 14, 2024] (1.01 MB) (pdf)
- Section 206.3 Uniform Capacity Value Determination - Errata 2 Blackline [Posted Nov. 14, 2024] (544 KB) (pdf)
- Capacity Market CMD Consolidated Final Rationale 18JUN2018 [Posted Nov. 14, 2024] (3.24 MB) (pdf)
- Capacity Market Presentation on Demand Response Participation [Posted Nov. 14, 2024] (545 KB) (pdf)
-
REM Design Sprint Materials Fall 2024
- REM Design Sprint 5 - Days 2-3 Presentation [Posted: Nov. 7, 2024] (3.58 MB) (pdf)
- REM Design Sprint 5 Agenda [Posted: Oct. 30, 2024] (282 KB) (pdf)
- REM Design Sprint 4 - Days 1-4 Presentation [Posted: Nov. 1, 2024] (3.03 MB) (pdf)
- REM Design Sprint 4 - Detailed Agenda [Posted: Oct. 16, 2024] (170 KB) (pdf)
- REM Design Sprint 3 Summary [Posted: Oct. 16, 2024] (347 KB) (pdf)
- REM Design Sprint 1 and 2 Summary [Posted: Sept. 27, 2024] (427 KB) (pdf)
- REM Design Sprint 3 - Days 1-4 Presentation [Posted: Oct.4, 2024] (1.56 MB) (pdf)
- REM Design Sprint 3 - Detailed Agenda (REVISED) [Posted: Oct. 3, 2024] (293 KB) (pdf)
- REM Design Sprint 2 - Days 1-4 Presentation [Posted: Sept. 20, 2024] (877 KB) (pdf)
- REVISED REM Design Sprint 2 - Detailed Agenda [Posted: Sept. 17, 2024] (302 KB) (pdf)
- REM Sprint 1 Presentation [Updated: Sept. 13, 2024] (1.22 MB) (pdf)
- Updated External REM Agendas September 3.pdf (369 KB) (pdf)
- Agreement to Participate in REM Engagement [Posted: July 24, 2024] (182 KB) (pdf)
- Oct. 28 REM Stakeholder Information Session Presentation [Posted: Oct. 25, 2024] (3.57 MB) (pdf)
- REVISED: REM Stakeholder Engagement Timeline [Posted: Oct. 25, 2024] (109 KB) (pdf)
- Co-optimization Tool
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REM Design Option Papers, Materials and Feedback
- Brattle Value of Lost Load for Alberta [Posted: Aug. 16, 2024] (995 KB) (pdf)
- Comparison REM Starting Points with Current Market Overview [Posted: Aug. 16, 2024] (137 KB) (pdf)
- REM Cooptimization Information Document_Aug16.pdf (737 KB) (pdf)
- REM Day-Ahead Market Options Paper_Aug16.pdf [Updated: Aug. 26, 2024] (947 KB) (pdf)
- REM Design Options Comment Matrix Aug. 16 - Sept. 6 [Posted: Aug. 16, 2024] (343 KB) (docx)
- REM Design Options - Consolidated Stakeholder Feedback [Posted: Sept. 6, 2024] (4.92 MB) (pdf)
- REM Initial Revenue Sufficiency Analysis_Aug16.pdf (587 KB) (pdf)
- REM Intertie Participation Options Paper (343 KB) (pdf)
- REM Intertie Participation Stakeholder Feedback combined [Posted. Aug. 16, 2024] (445 KB) (pdf)
- REM Market Clearing Options Paper_Aug 16.pdf (514 KB) (pdf)
- REM Market Power Mitigation Options Paper_Aug16.pdf (636 KB) (pdf)
- REM Pricing and Reserve Market Options Paper_Aug16.pdf (592 KB) (pdf)
- REM Shorter Settlement Options Paper [Posted July 18, 2024] (482 KB) (pdf)
- REM Shorter Settlement Stakeholder Feedback [Posted: Aug.16, 2024] (1.62 MB) (pdf)
- Shorter Settlement Cost Estimates Comment Matrix [Posted: May 17, 2024] (193 KB) (docx)
- Sept. 5 Information Session Presentation [Posted: Aug. 28, 2024] (1.41 MB) (pdf)
- REM Engagement Updated Schedule [Posted: July 24, 2024] (112 KB) (pptx)
- July 18, 2024 REM Industry Update Information Session Presentation [Posted: July 11, 2024] (1.2 MB) (pdf)
- CEO Meeting | May 17, 2024
- REM EWG Stakeholder Session Presentation [Posted: April 17, 2024] (595 KB) (pdf)
Reference Materials
-
Reference Materials
- Direction Letter from Minister 3July2024 [Posted: July 11, 2024] (109 KB) (pdf)
- Direction Letter from Minister 11March2024 [Posted: March 11, 2024] (101 KB) (pdf)
- Market Power Mitigation Regulation [Posted: March 11, 2024] (218 KB) (pdf)
- Supply Cushion Regulation [Posted: March 11, 2024] (198 KB) (pdf)
- AESO REM IPPSA PPT Mike Law [Posted: March 11, 2024] (714 KB) (pdf)
- AESO REM Recommendation Report [Posted: March 11, 2024] (11.4 MB) (pdf)
- AESO Tx Policy Recommendation [Posted: March 11, 2024] (570 KB) (pdf)
REM Technical Design Lifecycle
-
Design Development | March - June 2024
REM Technical Design has finished this stageActivities
- Build understanding of REM
- Gather feedback and consult on engagement approach
- REM Stakeholder Survey | April 17 - 30
- EWG REM Kick-off Session | April 22 - 23
- CEO Meeting | May 17
-
Engagement on Design | July 2024 - Jan. 2025
REM Technical Design is currently at this stageActivities
- Build understanding on high-level design
- Consult on key focus areas of greatest impact/interest to stakeholders
- Information Session & Industry Update | July 18
- Written Feedback REM Market Design 1.0 | Aug. 16 - Sept.6
- Information Session & Industry Update | Sept. 5
- Consultation Session Sprint #1 | Sept. 10 - 13
- Consultation Session Sprint #2 | Sept. 17 - 20
- Consultation Session Sprint #3 | Oct. 1 - 4
- Information Session & Industry Update | Oct. 28
- Consultation Session Sprint #4 | Oct. 29 - Nov. 1
- Consultation Session Sprint #5 | Nov. 4 - 7
- Consultation Session Sprint #6 | Nov. 25 - 28
- Information Session & Industry Update | Dec. 12
- Written Feedback REM Market Design | Dec. 13 - Jan 8
-
Detailed Design & Rules | Dec. 2024 - Mar./Apr. 2025
this is an upcoming stage for REM Technical Design- Anticipated REM Rule filing date: Q1/Q2 2025
-
AUC Process | April - Sept. 2025
this is an upcoming stage for REM Technical Design -
Expected AUC Decision | Oct. - Nov. 2025
this is an upcoming stage for REM Technical Design -
REM Implementation | Dec. 2025 - 2026
this is an upcoming stage for REM Technical Design
Stakeholder Submissions
- REM Design Options Combined Stakeholder Feedback [Posted: Sept. 9, 2024] (4.92 MB) (pdf)
- REM Intertie Participation Stakeholder Feedback combined [Posted: Aug. 16, 2024] (12.2 MB) (pdf)
- REM Shorter Settlement Stakeholder Feedback [Posted: Aug.16, 2024] (1.62 MB) (pdf)
- REM Recommendation & Design Elements Stakeholder Feedback [Posted May 9, 2024] (832 KB) (pdf)
Who's Listening
-
Manager, Market Design
Email spencer.hall@aeso.ca -
Director, Markets
Email Ruppa.Louissaint@aeso.ca
Related projects
Live Projects
Archived Projects
Key Dates
-
November 2024
-
September 2024
Contact Us
If you have any other questions, please contact stakeholder.relations@aeso.ca