TERMIUM Plus®

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POWER PURCHASE ARRANGEMENT [1 record]

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Record 1 2001-08-24

English

Subject field(s)
  • Business and Administrative Documents
  • Electric Power Distribution
CONT

Initiated by the Alberta Government, the Power Purchase Arrangement auction is designed to address the concern that three of the province's major power companies own the vast majority of electricity generating assets-giving them the ability to influence electricity prices in a competitive market. Rather than force these companies to sell their assets, the government decided instead to auction off rights to sell the electricity-a sort of "virtual divestiture."

OBS

Rights associated with the power purchase arrangements can last up to 20 years.

French

Domaine(s)
  • Écrits commerciaux et administratifs
  • Distribution électrique
Key term(s)
  • arrangement d'achat d'énergie

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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