Market watchdog launches investigation of Alberta electricity operator [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
The investigation by the Market Surveillance Administrator is the latest blow to the Alberta Electricity System Operator, which has battled with the fallout of repeated outages of gas-fired power plants and overestimated renewable generation that have resulted in rolling blackouts across the province. And it follows a lengthy complaint lodged about the AESO by an energy company owned by Warren Buffett's Berkshire Hathaway Inc., called BHE Canada. It accused the grid operator of limiting electricity imports from Montana, which it says jeopardizes renewable power investment in the state and could cost Alberta consumers billions of dollars. Alberta's power market is unique in Canada in that it has no central or Crown power provider. Instead, private companies run the power plants that feed electricity into the grid. The AESO works with industry and the government to manage and plan that market. The MSA launched its investigation on April 4, according to documents filed with the Al
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