Bill 22 - Modernizing Alberta’s electricity system

Source:| · GOVERNMENT OF ALBERTA · |

The Electricity Statutes (Modernizing Alberta’s Electricity Grid) Amendment Act, 2022 (Bill 22) helps keep Alberta’s electricity system safe, reliable and affordable for the long-term.

The Electricity Statutes (Modernizing Alberta’s Electricity Grid) Amendment Act, 2022, (formerly Bill 22) helps Alberta’s electricity system meet the evolving needs of consumers. It fosters a low-carbon future through investment from industry rather than costly subsidies from taxpayers and ensures that consumers continue to have access to safe, reliable and affordable electricity.

The act integrates new technologies and innovations into Alberta’s electricity system by enabling energy storage, unlimited self-supply with export and help the distribution system plan for electric vehicles, renewable power sources and other distributed energy resources. It also begins the transfer of remaining Balancing Pool responsibilities and prepares for its future dissolution. These developments would help bring long-term savings to the system that will benefit consumers.

Modernizing Alberta’s electricity system is needed to address the changing ways electricity producers and consumers interact with and use Alberta’s power grid. Companies who want to generate their own electricity (self-supply) would be able to export the excess electricity to the grid, while other measures would encourage adoption and investment in emerging energy systems and technologies bringing long-term cost savings for consumers and industry.

Changes were developed following the Energy storage engagement and targeted discussions with investors, consumer groups and electricity producers and utilities.

Read Bill 22 here.