BP - Balancing Pool

The Balancing Pool plays a prominent role in managing the Power Purchase Arrangements of several major power plants. The Balancing Pool was established in 1999 by the Government of Alberta to help maintain the certain assets, revenues and expenses arising from the transition to competition in Alberta's electric industry. The Balancing Pool is now a separate corporate entity with a 5 member independent board of directors appointed by Alberta's Minister of Energy to govern the operations.