CanWEA applauds Alberta’s return to an energy-only market
August 1, 2019
The Canadian Wind Energy Association (CanWEA) applauds the decision of the Government of Alberta to return to an energy-only market. This market structure provides a critical revenue stream for wind energy facilities, allocating all revenues collected to generators based upon the electricity they produce.
Unlike in capacity markets, where electricity generators are paid for their overall ability to produce electricity (in addition to the electricity they produce and sell in real time) in energy-only markets, electricity generators are paid only for the electricity they produce in real time when electricity is required.