Alberta pulled plug on changes to its electricity market in 2019 — would they have helped prevent grid risks?

In 2019, the recently-elected United Conservative Party pulled the plug on plans to establish what's referred to as a capacity market for the province's energy system. Would it have helped avoid the challenging conditions last week's extreme cold posed?

Alberta pulled plug on changes to its electricity market in 2019 — would they have helped prevent grid risks?
A wide shot of the city of Calgary is shown.

In 2019, the recently-elected United Conservative Party pulled the plug on plans to establish what's referred to as a capacity market for the province's energy system. Would it have helped avoid the challenging conditions last week's extreme cold posed?