Wood Mackenzie

Yes. The real energy prices shown in the North America Power Tool for Alberta in the H2 2025 Investment Horizon Outlook (IHO) Base Case are:

- Denominated in US dollars (US$)
- Real prices based in 2025 terms

The inflation assumptions used to derive real prices can be viewed directly in the NAPS tool under: Macroeconomics &gt; Inflation

This section outlines the inflation indices applied across regions and scenarios.

Understanding currency and price base assumptions for Alberta in the H2 2025 IHO Base Case

Are real energy prices in the North America Power Tool shown in US dollars and based in 2025?

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Are real energy prices in the North America Power Tool shown in US dollars and based in 2025?

Where to find the inflation assumptions