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    Business Planning

    The AESO is excited to launch a new and improved Budget Development Process (BDP). The BDP will create greater opportunities for earlier involvement and engagement amongst the AESO Board, the Executive and stakeholders which we believe is essential and will communicate clear expectations on the process and ultimate budget outcome. For additional details, view the Letter to Stakeholders from Mike Law, President and CEO.

    2023 Budget Development Process


    The purpose of the Budget Development Process (BDP) is to consult with stakeholders on the AESO’s areas of focus and proposed budget and forecasts for the upcoming year as per the Transmission Regulation. The 2023 BDP will be used to establish the AESO’s business plan and budget for 2023.

    The revised approach will enable earlier involvement and engagement with the Board, the Executive and stakeholders, framed at the strategic level, to inform corporate areas of focus for the upcoming year. The legacy budget process created challenges for our stakeholders as it set an expectation that the AESO could make substantial alterations to the budget in response to stakeholder feedback provided during the process. The revised approach is intended to address this challenge and facilitate a more meaningful exchange with stakeholders as it relates to what stakeholders have told us they want increased influence over – namely the types, timing and priority of work the AESO undertakes. View 2023 BDP Process Overview and Engagement Schedule for additional details.

    Stakeholder engagement schedule

    • Board 1:1 Sessions<br>June 1-3, 2022


      The purpose of the first set of consultations is to engage senior executive stakeholders in one-on-one discussions with a subset of AESO Board and Executive members to share their insights on what they believe the AESO should be focusing on in the year to come. These discussions will take place well in advance of the budget development cycle and have a more strategic focus. These discussions will be foundational to the AESO as we consider stakeholders’ insights and expertise to determine the focus areas and associated priorities for 2023.

    • Stakeholder Session<br>Oct. 5, 2022


      The purpose of the session is to engage stakeholders in a discussion of the AESO’s budget, areas of focus and associated priorities for 2023. The AESO will seek feedback from all interested stakeholders to affirm that we have determined the areas of focus, priorities and pace correctly, based on earlier stakeholder consultations; we will also determine if we missed something crucial in our priorities to support the future of electricity in the province, and any associated impacts on capital or consulting dollars. As this will be a transition year to the revised approach, legacy aspects of the former budget review process will be addressed (such as status updates on the 2022 business initiatives).

    • Board 1:1 Sessions<br>Nov. 16, 2022


      The purpose of these sessions is for senior executive stakeholders to have a final opportunity to engage in one-on-one discussions with the Board on the 2023 budget, areas of focus and priorities before the Board takes the 2023 Business Plan and Budget Proposal and all stakeholder feedback under consideration to make its decision.

    • Engagement Survey<br>Nov. 17-Dec.1, 2022



      The purpose of the survey is to seek stakeholder input on the overall engagement process for the 2023 BDP, including the revised approach, to guide the AESO as we work to improve how we engage stakeholders to ensure our approach allows stakeholders’ needs and interests to be consistently, transparently and meaningfully considered.

    2023 BDP materials

    Past business plans and budgets

    For past business plans and budget decisions and consultations, please click on their page link below:

    If you have any other questions, please contact and subscribe to our stakeholder newsletter for updates.