Industry Newsfeed

Market Manipulation in Ontario’s Electricity Sector: Regulatory Responses

Courtesy of Stikeman Elliott. View original article here. Stikeman Elliott recently contributed a chapter on “Compliance and Enforcement in the Ontario Electricity Sector” to The Guide to Energy Market Manipulation, a publication of the Global Competition Review. The chapter assesses how compliance and enforcement regimes and practices – including those aimed at addressing market manipulation in Ontario’s wholesale… [Read More…] about Market Manipulation in Ontario’s Electricity Sector: Regulatory Responses

Royalties are an Interest in Land (But can they be vested out? Stay tuned.)

Courtesy of Stikeman Elliott. View original article here. In a recent decision, the Ontario Court of Appeal determined that gross overriding royalties on certain Ontario mining claims constituted interests in land, finding that a right to enter and explore land is not a necessary incident of an interest in land. However, the court left for… [Read More…] about Royalties are an Interest in Land (But can they be vested out? Stay tuned.)

First of Its Kind – Ontario NDP Tables Civil Liability for Climate Change Bill

Courtesy of Osler. View original article here. On March 26, 2018, Ontario NDP MPP Peter Tabuns introduced Bill 21: “an Act respecting civil liability for climate-related harms,” which seeks to:  (i) impose civil liability on companies engaged in fossil fuel production; and (ii) “enhance legal tools” to ensure that such companies “contribute their fair share… [Read More…] about First of Its Kind – Ontario NDP Tables Civil Liability for Climate Change Bill

BC Hydro Freezes Issuance of New EPAs; SOP and Micro-SOP to Remain On Hold Pending Completion of Review

Courtesy of McCarthy Tetrault. View original article here. On March 14, 2018, BC Hydro announced that the Standing Offer Program (“SOP”) and Micro‑Standing Offer Program (“Micro-SOP”) will remain on hold until the BC government has completed its operational review of BC Hydro. No additional electricity purchase agreements (“EPAs”) will be issued until this review is complete. In conjunction with… [Read More…] about BC Hydro Freezes Issuance of New EPAs; SOP and Micro-SOP to Remain On Hold Pending Completion of Review

Joint Operations & Insolvent Operators: Change of Operatorship During a Receivership

Courtesy of Osler. View original article here. On February 21, 2018, the Alberta Court of Queen’s Bench released its decision in Firenze Energy Ltd. v. Scollard Energy Ltd., 2018 ABQB 126 (Scollard)[1].  This case considered the effect of an operator’s formal insolvency proceedings (and the stay that typically arises in such proceedings) on the non-operating working… [Read More…] about Joint Operations & Insolvent Operators: Change of Operatorship During a Receivership

Updates to Energy Diversification Act Investment Programs

Courtesy of Bennett Jones. View original article here. This week, the Alberta government announced additional details with respect to three primary investment programs pursuant to the proposed Energy Diversification Act. Petrochemicals Diversification Program As part of its second round of the Petrochemicals Diversification Program, the Alberta government will invest up to $500 million in royalty credits… [Read More…] about Updates to Energy Diversification Act Investment Programs

BC Government Sets the Stage for “Revitalizing” the Provincial Environmental Assessment Process

Courtesy of McCarthy Tetrault. View original article here. Changes are on the horizon for the BC Environmental Assessment (EA) process. On March 7, 2018, Minister of Environment and Climate Change Strategy George Heyman announced that the provincial government will “revitalize” the provincial EA process with a view to enhancing public confidence, advancing reconciliation with First Nations, and… [Read More…] about BC Government Sets the Stage for “Revitalizing” the Provincial Environmental Assessment Process

Site C: Behind the Decision to Proceed

Courtesy of Stikeman Elliott. View original article here. Site C is a 1100 MW hydro-electric dam on the Peace River in northern British Columbia.  It is being developed by BC Hydro, a British Columbia crown corporation, and has been under construction since 2014.  It is costly – at the time of BC Hydro’s Final Investment… [Read More…] about Site C: Behind the Decision to Proceed

Que sera, CERA – The Canadian Energy Regulator Act (CERA)

Courtesy of Stikeman Elliott. View original article here. On February 8, 2018, following two expert panel reports and two parliamentary committees, the Federal Government introduced new legislation (Bill C-69) that, if passed, will bring an end to the National Energy Board’s (NEB) 60 years of energy infrastructure regulation and see it replaced by a new… [Read More…] about Que sera, CERA – The Canadian Energy Regulator Act (CERA)