Helping To Understand The Electrical Market In Alberta
Although it is early in 2021, the cost of electricity in Alberta has gone up. Understanding the dynamics of the electrical market in Alberta is complex with many ‘players’ involved. Alberta Electric System Operator (AESO) is a not-for-profit entity with no financial investment in the industry. On behalf of Albertans, AESO works with industry partners and the government to make sure reliable power is available when needed. The Alberta Minister of Energy appoints the members of AESO’s board. The 8-member Board’s governance strategy is founded on balancing the interests of a diverse set of stakeholders, while at the same time providing benefit for the overall industry stakeholder needs. In Alberta, for-profit companies own generation, transmission and distribution facilities. AESO dispatches the power sold by generators, using the lowest-priced electricity first and then the next lowest until the need for power has been satisfied. Alberta’s electricity market consis...