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    Market Participant Readiness

    The AESO is committed to helping market participants prepare for the transition to Alberta’s Restructured Energy Market (REM). 

    To support that work, the AESO offers free learning resources that offer both an introduction to the REM and deeper insights into how the market will operate as an integrated system. These resources can be accessed through the AESO Learning online portal (Workday). Login instructions are listed below.

    Course Details

    1. REM Foundations: Purpose, Structure and Price Signals

    This high-level introductory course provides an overview of the core system-level features that describe how the REM functions as an integrated market.

    2. REM Operations: Inputs, Real-Time Market Clearing, and Prices

    This course provides an overview of the core real-time market processes that determine dispatch and pricing outcomes in the REM, including:

    • Real-Time Offers and Bids
    • Co-Optimizing Energy and R30 through Security Constrained Economic Dispatch (SCED)
    • Alberta Load Price (ALP)
    • R30 Demand Curve

    3.REM Operations: Day-Ahead Reliability Market – Operating Reserves

    This course reviews operating reserve (OR) products, their reliability function, and how they are procured in the day-ahead operating reserve market in the REM.

    4. REM Participation: Energy Settlement, R30 Settlement, and R30 Cost Allocation

    This course provides a structured overview of the settlement framework and introduces concepts of associated cost allocation principles reflected in the REM design.

    5.    REM Participation: Registration and Qualification for Energy, OR, and R30

    This course guides market participants through the asset classification, qualification and registration processes, as well as participation roles under the REM.

    6. REM Advanced: SCED Optimization & Security Constraints | LMP Components

    This reference document explains the mathematical relationships underlying SCED optimization, security constraints, and LMP formation, and how these relationships influence dispatch and prices.

    Additional resources will be added as they become available.

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