Alberta's government introduces temporary measures to tackle "economic withholding" and ensure affordable, reliable power.
Alberta's government has introduced temporary measures to its electricity market rules, aiming to lower consumers' utility bills. These measures target the practice of "economic withholding", where power producers hold back some supply, offering it at a higher price. The new rules will limit high-priced offerings from large providers and require natural gas generating assets to be available in some circumstances, helping to ensure consumers have access to affordable and reliable power.
March 11, 2024
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