#Canada #Calgary #Aurora Energy #EDC Associates #Alberta Power

Aurora Energy Research and EDC Associates Join Forces in Alberta

In a significant development for the Alberta energy sector, Aurora Energy Research has announced its acquisition of EDC Associates Ltd. This move is poised to enhance Aurora's capabilities in one of North America's most vibrant electricity markets. The partnership combines the specialized knowledge of EDC with Aurora's advanced analytical tools, setting the stage for more comprehensive insights as Alberta prepares for its upcoming structural changes in the power market.

Strengthening Local Expertise

The energy landscape in Alberta is on the brink of transformation, particularly with the upcoming Restructured Energy Market (REM) set to launch in 2027. These changes underline the necessity for independent, high-quality market intelligence. By incorporating EDC's deep-rooted expertise in Alberta's power market, Aurora aims to provide heightened analysis crucial for informed investment and strategic decision-making.

A Synergistic Approach

Combining EDC's extensive knowledge with Aurora's sophisticated forecasting and modeling platforms, the merger enhances the spectrum of insights available for clients. This synergy allows for smarter analyses that reflect the unique circumstances of the Alberta market, ensuring clients remain well-informed amidst the imminent changes.

Rob Youngs, the Canada Country Lead at Aurora Energy Research, conveyed enthusiasm about the partnership. He stated, "We are excited to combine EDC's proven deep local market expertise with Aurora's leading modeling capabilities and global footprint to provide an even better offering for the Alberta power sector." Youngs highlighted the advantage of applying market-leading nodal modeling to the Alberta power market, especially during the transition toward Locational Marginal Pricing (LMP).

Continued Support for Existing Clients

Clients of EDC will continue to benefit from the expertise they have come to rely on, now augmented by Aurora's global reach and enhanced services. This continuity ensures that existing EDC customers can expect the same high level of support and insight while gaining access to a broader suite of analytical tools.

About Aurora Energy Research

Established in 2013, Aurora Energy Research has emerged as a key player in global power market forecasting and analytics. With headquarters in Oxford, England, the firm operates from 18 offices around the globe, including regions across North and South America, Asia, and Australia. The firm is committed to aiding the global energy transition through trusted quantitative analysis and comprehensive decision-making support.

With a diverse team of over 1000 professionals from various backgrounds, including energy, finance, and consulting, Aurora offers unparalleled expertise across a wide range of sectors, including power, renewable energy, hydrogen, and more. The company's mission aligns with facilitating a smooth transition to more sustainable energy practices, ensuring a robust support system for investment decisions.

As Alberta's electricity market prepares for a significant overhaul in the coming years, the union between Aurora Energy Research and EDC Associates Ltd. is timely and strategic. This merger not only strengthens Aurora's position in the market but also enhances the level of service and analytical support available to all stakeholders in Alberta's energy landscape.