The Globe and Mail reports in its Thursday edition that a series of reviews of Alberta's electricity market are together set to reform the province's power grid and regulatory regime. The Globe's Emma Graney writes that 2023 threw Alberta's electricity market into the spotlight, as consumers' bills skyrocketed, grid stability wobbled and the government ordered a freeze on all renewable energy project approvals and a review of the market. Not all of the reports due in 2024 will be made public, but Utilities and Affordability Minister Nathan Neudorf says they will be crucial to making sure power remains affordable and reliable as Alberta -- like other jurisdictions around the world -- grapples with the transition to cleaner, less carbon-intensive energy. "It's coming so quickly that we have to act, in response, very quickly," Mr. Neudorf said. Successive Alberta governments have for years taken a hands-off approach to the grid's future, and that is no longer appropriate, he added. Alberta's power market is unique in Canada, in that the private sector bears the risks and responsibility for new capacity, mainly driven by revenues. Unlike other provinces, there is no centrally administered planning mechanism.