The electricity market in Alberta operates under a restructured framework that fosters competition and consumer choice. In this market, electricity is generated by various private companies, which may utilize different sources such as coal, natural gas, wind, solar, hydroelectric, and biomass. These generation companies sell their electricity into the wholesale market managed by the Alberta Electric System Operator (AESO). The AESO is responsible for ensuring the reliable operation of the provincial power grid, managing transmission access, and facilitating the buying and selling of electricity among market participants. Retail electricity providers purchase electricity from the wholesale market and offer it to consumers, including homes, businesses, and industries. Consumers can choose their electricity providers and pricing plans, allowing them to shop for competitive rates and service options.
