The conditions required for achieving IPPSA’s vision are:
1) Legislation and policy should be aligned with the goal of open competition.
- Legislation sets the market framework. It does not condition market outcomes.
2) Market design should be aligned with open competition.
- In Alberta’s market, buyers and sellers should be responsible for meeting their electricity price and
- quantity needs.
- Price is set at the intersection of supply and demand.
- Price transparency facilitates market entry / exit and contracting decisions.
- Market design rewards efficiency in operation and rewards innovation in products and services.
3) Transmission facilitates reliability and market competition.
- Transmission policy should align with and enable Alberta’s energy market design.
- Transmission costs should be managed responsibly.
4) Agencies should enable competitive market outcomes.
- Agencies should focus on removing barriers to competition and finding market solutions to market
- Industry oversight and regulation should be efficient and should promote stability and investor confidence.
5) Stakeholders Should Have Confidence in the Integrity of the Market.
- Consumers – at all levels should have confidence that the market works and that prices reflect supply and
- Once set, legislation, policy, rules, and guidelines should only be changed through effective consultation.
- IPPSA supports action that builds and maintains that stakeholder confidence.
To foster an inclusive forum for generator dialogue.
To champion policy ideas and recommendations that advance the above goals of a competitive,
wholesale electricity market for Alberta, where there is a commonality of interests.
To communicate the merits of a competitive wholesale electricity market to government and