Alberta proposes bill to update electricity system, end controversial power pool

Alberta wants to pull the plug on its electricity Balancing Pool, a one-time money-gushing feature of its power system that would end its life as a political quagmire and cash sinkhole. Dale Nally, associate minister of electricity, introduced a bill Wednesday that aims to officially wind down the pool by 2030. “Bill 22 marks our commitment to begin to dissolve the Balancing Pool now that its role in managing fixed-price deals with electricity producers has ended and the extent of the prev