The de-regulation of electricity markets was a cornerstone policy of the Klein years. Recently the government has commenced legal proceedings to roll back a clause in the Power Purchase Agreements (PPAs) known as the “Enron clause.”

It is perhaps under-stating the case that electricity de-regulation in Alberta is “complex”. Historically, electricity rates for both retail and commercial customers were set by the Alberta Utilities Board who determined what rate of return the electricity provider would receive. Underlying regulation was a concept that electricity was central to the well-being of citizens and business enterprises and a stable market supplying electricity was in the public interest. This attitude shifted during the 1980s with the Thatcher reforms in Britain’s electricity and telecommunications industries. A key concern revolved around both the willingness of utility firms to supply electricity and the availability of capital to finance new generation capacity.



E-mails detail Enron’s role in setting up Alberta’s energy fight8-8-16 GM

Enron boasted about PPA shift8-8-16 EJ

Even Klein was stymied by power deregulation6-8-16 EJ

Three words crux of power struggle6-8-16 EJ

Mayes cartoon9-8-16 EJMAYES- Edmonton Journal 9 August 2016

‘We have done nothing wrong,’ Enmax says9-8-16 EJ

Cancelled contracts could cost Albertans $600 million-report10-8-16 GM

Loss from PPAs closer to $600 M, economists say10-8-16 EJ

This entry was posted in Energy on by .

About albertarecessionwatch

Former Director, Institute for Public Economics, University of Alberta and currently Fellow of the Institute. Former executive with Alberta Treasury Branches. Worked for the Alberta government for 12 years with Federal and Intergovernmental Affairs and Alberta Treasury. Areas of focus: financial institutions legislation and policy, government borrowing, and relations with credit rating agencies. Ph.D in Political Science (Uof A), Masters of Public Administration and BComm. (Carleton University). Author of Politics and Public Debt: The Dominion, the Banks and Alberta's Social Credit. Presently working on study of Alberta provincial agency board appointments.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s