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The Balancing Pool’s legislated duties effective October 1, 2024 include the following:

  • Allocate (or collect) any forecasted cash surplus (or deficit) to (from) electricity consumers in Alberta in annual amounts;
  • Fund the decommissioning and reclamation costs associated with certain generation facilities in Alberta;
  • Participate in dispute resolution processes; and
  • Fund initiatives in the electricity industry at the direction of the Minister of Affordability and Utilities.