Balancing Pool definition

Balancing Pool means the Alberta Balancing Pool, an Alberta provincial government entity established to, among other things, hold certain PPAs
Balancing Pool means an independent government agency set up to manage the transition to a competitive generation market and administer the Power Purchase Arrangements;
Balancing Pool means the Balancing Pool that was established in 1999 by the Government of Alberta to help manage the transition to competition in Alberta's electricity industry.

Examples of Balancing Pool in a sentence

  • The contract cycle for aluminium and aluminium-mini is generally for five months but active trading is observed form third month onwards.

  • The Balancing Pool and ENMAX, however, sought leave to appeal the ABQB’s decision at the Court of Appeal, which was granted on Feb.

  • The Alberta Court of Queen’s Bench ("ABQB") dismissed the Balancing Pool and ENMAX’s allegations of unfairness on June 26, 2019.

  • The Balancing Pool and ENMAX Energy Corporation ("ENMAX") are seeking to set aside an arbitration award on the basis that they did not receive a fair hearing.

  • Pursuant to a written agreement, the Balancing Pool paid the Corporation approximately $157 million on March 29, 2018 as part of the net book value payment required on termination of the Sundance B and C PPAs. The Balancing Pool, however, excluded certain mining and corporate assets that the Corporation believes should be included in the net book value calculation, which amounts to an additional $56 million.


More Definitions of Balancing Pool

Balancing Pool means the Alberta Balancing Pool created under the EU Act and corresponding regulations.
Balancing Pool means the Balancing Pool established by the Electric Utilities Act;
Balancing Pool means the balancing pool or the balancing pool administrator as the context requires, as established pursuant to the Act or the Regulations;
Balancing Pool means the Balancing Pool created under the Alberta EU Act and corresponding regulations. “BC Hydro” means British Columbia Hydro and Power Authority.
Balancing Pool means the corporation established by section 75;
Balancing Pool means the “balancing pool” as defined in the EUA.
Balancing Pool has the meaning given to it in the Act; “Business Day” means a day other than a Saturday, Sunday or statutory holiday in Edmonton, Alberta;