Found the following interview pretty interesting, David Gray may be the only person in the province that fully understands the unregulated electricity market and explains how the main players have manipulated the electricity supply over the past two years to make $24 billion in extra profit. Every customer pays for this through the "economic withholding" charge on their bill, which would help explain why electricity has become so expensive.
Full video 60 minutes.
https://www.youtube.com/watch?v=a-Px...TheBreakdownAB
Synopsis 4 minutes.
https://www.youtube.com/watch?v=nejU...el=EnergiMedia
Basic definition of economic withholding.
"At times, some suppliers may hold back all or part of their electricity supply from their various power plants by offering it into the market at a high price (up to a maximum of $0.999/kWh) with the goal of increasing the pool price. This offer strategy is called economic withholding."
Sounds like something Enron came up with.
Every day is a "Ferrari day".
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