The Government of Alberta announced Rounds 2 and 3 of its Renewable Energy Project February 5. The two rounds, 300 MW for REP 2 and 400 MW for REP 3, are to run in parallel. REP Round 2 will include an Indigenous equity ownership requirement.
For both competitions:
• eligible projects are limited to new or expanded renewable electricity generation projects located in Alberta;
• projects must be able to connect to the existing distribution or transmission systems;
• projects must be greater than 5 MW;
• eligible fuels must meet Alberta’s definition of renewable energy resources as defined in the Renewable Electricity Act; and
• the payment mechanism must be compatible with Alberta’s evolving power market construct.
For the purposes of Round 2, the Government of Alberta has defined Indigenous as one of the following:
• First Nation communities, Metis Settlements, Metis Nation of Alberta, and the Aseniwuche Winewak Nation; or
• Indigenous-community owned organization and/or business.
Proposals for both rounds were to be submitted by February 28.