Energy Efficiency continues in Alberta

The middle of August is fast approaching and mornings are starting to get a little chillier. The weekly average was up 46% to $64.35/MWh, attributed to one day with triple digit settles. Stronger temperatures during the day and some thermal derates caused high settles...

Energy-only market to continue in Alberta

Big news in the power market with the announcement that Alberta will continue to be an energy-only market as opposed to the capacity market that was being advanced. The UCP made an announcement last Wednesday after market close, fulfilling their promise to make an...

Hot weather in Alberta could lead to high settles

Another mild week in Alberta had prices down 32% to $33.34/MWh. The potential for strength in prices exists this week as temperatures are anticipated to reach as high as mid-30s across parts of Alberta. Wind generation is expected to also increase this week, which...

Alberta wind generation down over previous years

This week saw greater volatility than last with unexpected thermal units offline, increasing the weekly average by 67% to $49.18/MWh. However, with half of July over and only 7 hours settling above $100/MWh, we are on track to have a lower monthly average than July...