Around the Corner: Nobody Does Capacity Quite Like Ontario
Call It Whatever You Want, but Don’t Call It ‘Deregulated’
Ontario lacks a capacity market, choosing instead the Global Adjustment Charge to address generators' "missing money" shortfalls from energy market revenues. There is typically a strong inverse relationship between wholesale electric prices (the Ontario Energy Price) and the GAC. | IESO
May 5, 2025
|
The move was a big step for IESO, and one of the biggest tweaks to its market design in years.
