Electricity – Records
Concord Monarch GP2 Ltd. (“Concord”) applied, under s 3 of the Fair, Efficient and Open Competition Regulation (“FEOCR”), seeking permission to share non-public records related to the Monarch Solar Project (“MON1”) between Concord Monarch, Concord Monarch Partnership, URICA Energy Real Time Ltd. and URICA Asset Optimization Ltd.
The AUC was satisfied that Concord had demonstrated that: (i) the sharing of records was reasonably necessary for it to carry out its business; and (ii) the subject records would not be used for any purpose that did not support the fair, efficient and openly competitive operation of the Alberta electricity market. The AUC was also satisfied that the total offer control of the parties would not exceed the offer control limit of 30 percent under s 5(5) of the FEOCR. The AUC approved the application.