Ontario’s Independent Electricity System Operator is a government organization with a mixture of commercial and public-policy goals, owned by the government of Ontario. It was created to prepare for deregulation of the province’s electrical system and is governed by a board whose directors are appointed by the provincial government.
Ontario is putting its chips on nuclear power and natural gas to meet its growing energy demand while directing IESO to incorporate gas distributors and the province’s economic development goals in its system planning.
The IESO Technical Panel approved posting for comment several revisions to the ISO’s capacity market rules and manual intended to reduce the occurrence of unfulfilled commitments.
IESO politely said “no” to many of the stakeholder-requested changes to the design of its proposed Local Generation Program, but noted it will include the raised concerns in its report to the Ontario government in July and signaled it was open to further discussing others before then.
Ontario’s nodal market is showing promise one month after its launch, with improved price certainty, increased day-ahead trading and LMPs reflecting expected congestion patterns, IESO officials say.
Electricity cooperatives, independent power producers and biogas generatorshave asked IESO to reconsider key components of its proposed Local Generation Program.
