AESO - Alberta Electric System Operator ISO

Company Description

We are responsible for the safe, reliable and economic planning and operation of the Alberta Interconnected Electric System (AIES).
We provide open and non-discriminatory access to Alberta's interconnected power grid for generation and distribution companies and large industrial consumers of electricity. In doing so, the AESO contracts with transmission facility owners to acquire transmission services and, with other parties to provide fair and timely access to the system.
We also develop and administer transmission tariffs, procure ancillary services to ensure system reliability and manage settlement of the hourly wholesale market and transmission system services.
We facilitate Alberta's competitive wholesale electricity market, which has more than 200 participants and about $8 billion in annual energy transactions.
We are focused on ensuring a fair, open and efficient market for the exchange of electric energy in Alberta and effective relationships with neighbouring jurisdictions.
We ensure that Alberta's competitive electricity markets continue to operate in the best way possible, demonstrating that reliability is not compromised and that the structure is sustainable, predictable and adds long-term value.
We are accountable for the administration and regulation of the provincial load settlement function.
We conduct all of our business dealings with ambition, integrity, responsiveness and efficiency.
We deliver quality and innovation in a way that provides value to customers and stakeholders.
Our company is governed by an independent board, which provides advice and direction of market participants and has a diverse background in finance, business, electricity, oil and gas, energy management, regulatory affairs and technology.
The AESO, a not-for-profit entity, is independent of any industry affiliations and owns no transmission or market assets.