Alerts demonstrate why flexibility is needed in Ottawa’s Clean Energy Regulations to decarbonize the country’s electricity grids, according to energy and environmental economist Andrew Leach.
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Thanks for a high quality reply / addition. What’s the source for that chart? I’m not 100% sure how to interpret it.
It’s from Alberta Electric System Operator: https://www.aeso.ca/market/market-and-system-reporting/.
The graph is of the wholesale price of electricity to suppliers. In Alberta, you can “choose” who bills you for your power… In Edmonton for example, you can choose between regulated monthly variable price, fixed, and “market-rate” plans for the privilege of paying $1/kWh only when you need it most. Compare to Toronto or Vancouver which have rates based on time of use or monthly usage, each which save you way more on average.