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IESO continued a smooth rollout of Ontario's nodal market, launching a financially binding day-ahead market.
Ontario's IESO successfully launched its nodal market on May 1, reporting few glitches during its rollout.
IESO is changing how it projects renewable generation output and its accounting for imports and planned loads in the forecasts it uses to manage generator and transmission outages.
IESO is scheduled to launch its new nodal market May 1, a change it says will save Ontario $700 million over the next decade through reduced out-of-market payments and increased efficiency.
IESO has 37.2 GW of installed capacity and 18,640 miles of transmission, both ranked seventh among the nine organized markets in the U.S. and Canada.
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