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Responding to opposition from suppliers, IESO said it will not include a termination option in its procurement for long lead-time resources.
IESO says record-high clearing prices in its capacity auction will have little impact on ratepayers because the ISO's medium- and long-term procurements play a larger role in the region’s resource adequacy.
Higher prices under Ontario’s renewed market are causing heartburn for mines and greenhouse growers, stakeholders told IESO.
IESO proposed rule changes to eliminate unwarranted make-whole payments to operating reserve providers under Ontario’s nearly eight-month-old Market Renewal Program.
IESO is considering a broader range of long-duration energy storage technologies in its upcoming long lead-time procurement (but will not include hydroelectric redevelopments, officials told stakeholders.
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