News Bulletins for Participants
from the Power Pool web site


Print this page

February 22, 2002

Dear Participants:
RE: January Final Pool Settlement

Today the Power Pool will issue the Final Pool Statements for the month of January. The settlement results reflect all information that was received by the Power Pool from the Transmission Administrator and Load Settlement Agents (LSAs).

The January final statements include Prior Period Energy Payment /Energy Charge items which result from the following:

  • June and October generation and TA contracted transmission-connected load changes,
  • Interim reconciliation of load settlement data as described in the Settlement System Code for the month of October, and
  • Final reconciliation of load settlement data as described in the Settlement System Code for the month of June.
In accordance with the communication from the Department of Energy to industry stakeholders on August 10, 2001, the June final settlement may be adjusted in the future for information gathered subsequent to the release of these statements.

The Power Pool would like to remind all participants that the cash settlement for the month of January will occur on Friday, March 1st, 2002 . Please ensure that any amount owed to the Power Pool is transferred on or before March 1st via electronic transfer.

Two reports have been added to the ETS system to provide additional support for the Power Pool Statement.The “Trading Charge (Cons)and (Prod)” reports provide the details on the trading charge calculation on an hourly and asset basis.This report will agree to the current month ’s trading charge amount on the Pool Statement,though minor rounding differences will exist.The “Contract Detail ”report itemizes all of the direct sales/forward contracts registered with the Power Pool,by hour and asset.Both of these reports can be accessed using a digital certificate under Reports/ Historical and then under the Settlement or Trading headings.

The Power Pool has also updated the schedule of 2002 settlement dates on the web site.This information can be found under Participants/Settlement/Settlement Dates.

If you have any questions on these matters, please contact me at (403)705-8510.

Yours truly,

POWER POOL OF ALBERTA
J.C Olivier



First published March 2002


return to previous page