[DoubleK]

Nor do you sir.

I have enough experience in the industry in Alberta to know what I'm talking about.

To suggest that their is no relationship between the NDPs handling of the electricity file and anything that happened since then is completely divorced from reality.

The shift from coal to gas fundamentally changed the operating parameters of the coal gen units. Most people call this base load.

The elimination of PPAs fundamentally changed both the operating and economic parameters of those same units. This removed their obligation to fullfil the PPA, affording them the ability to arbitrage leading to economic witholding.

This fact in combination with the previous point is what has led to higher prices. You can't say that the PPAs were allowed to expire when they weren't. That's not what happened.

The raison d'etre for the Balancing Pool was to absorb the PPAs in the event of default. Suggesting that the BP was required in a market without PPAs is false? What would they do?! Elimination of the PPAs necessitated the elimination of the BP. They serve no purpose in the current iteration of the Alberta market.

Capacity market v Energy only market conversation is a red herring, clean electricity system by 2035 wasn't a thing in 2016.