Quote:
Originally Posted by Resolute 14
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.  |
Honest questions...
1-Were these contracts established under the NDP or the previous Gov?
2-Is this accurate? If the contracts terminate, the taxpayers have to pick up the tab. Essentially the downside risk associated with the contracts was socialized...
3-If these contracts were honoured...what would the impact on energy prices be in Alberta?