Alberta Energy

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The Ministry of Energy is a Cabinet-level agency of the government of the Canadian province of Alberta responsible for coordinating policy relating to the development of mineral and energy resources. It is also responsible for assessing and collecting non-renewable resource royalties, freehold mineral taxes, rentals, and bonuses. The Alberta Petroleum Marketing Commission, which is fully integrated with the Department of Energy within the ministry, and fully funded by the Crown, accepts delivery of the Crown's royalty share of conventional crude oil and sells it at the current market value.

The Alberta Energy and Utilities Board regulated energy resource development, pipelines, transmission lines, and investor-owned electric, water, and natural gas utilities, as well as certain municipality-owned utilities. It reported to the Executive Council through the Ministry of Energy, although it operated and made its formal decisions independently and autonomously. On January 1, 2008 the Alberta Energy and Utilities Board (EUB) was realigned into two separate regulatory bodies:[1]

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  1. ^ "Effective January 1". Eub.ca. Retrieved 2013-11-26.