Alberta revamps how it deals with electricity in approaching era of green power
EDMONTON — Alberta is changing how it produces and pays for electricity as it enters a new era of greener energy sources.
Energy Minister Marg McCuaig-Boyd announced Wednesday the province is moving away from electricity deregulation, which ties investment to volatile swings in spot prices.
It has been in place in Alberta for two decades.
“The system must deliver affordable, stable prices and reliable energy,” McCuaig-Boyd said.