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.