When the winning bids for Alberta’s renewable power auction
were announced in December, jaws dropped.
The winning projects were approved at a record-breaking low
price of C3.7 cents per kilowatt hour — the lowest price for electricity
anywhere in Canada.
“This is a game changer. Even the most optimistic observers
were shocked at how low the price turned out to be,” said Binnu Jeyakumar,
electricity program director at the Pembina Institute.




