Quote:
Originally Posted by Mr.Coffee
I'm not sure I follow why a utility company is forced to do business here? Because they sign a PPA? A PPA is simply the contract to govern the purchasing of the power, it's a contract just like a Crown Agreement granting the right to win take and remove resources.
Are you saying these utilities have no other options (go to other jurisdictions to do business?) because again, why can't they? There are other deregulated power markets. Sorry just not sure I understand what you're getting at.
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Because the NDP is trying to block their ability to get out from under these contracts. Notley's entire goal with this lawsuit is to force the re-sellers like Enmax and Capital Power to eat the burden of selling electricity in a perpetually losing state - which they have exacerbated - rather than the balancing pool.
There is pretty much no question that, even if the NDP is successful, these companies aren't going to touch an NDP-controlled Alberta with a 100 foot pole once the PPAs do expire. Great to be an energy province under a government actively trying to hamstring existing energy investment and drive new investment away.
