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December 5, 2025

Independent Electricity System Operator (IESO)

The Independent Electricity System Operator is responsible for operating the electricity market and directing the operation of the bulk electrical system in Ontario.
IESO
Higher Prices Stressing Ontario Mines, Greenhouse Growers
Higher prices under Ontario’s renewed market are causing heartburn for mines and greenhouse growers, stakeholders told IESO.
IESO
IESO Tweaking Make-whole Payments for Operating Reserves
IESO proposed rule changes to eliminate unwarranted make-whole payments to operating reserve providers under Ontario’s nearly eight-month-old Market Renewal Program.
Corre Energy/Long Duration Energy Storage Council
IESO Open to Broader Range of Storage Technologies in Long Lead-time Procurement
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.
IESO
Citing Geopolitical Uncertainty, IESO Lowers Long-term Demand Forecast Slightly
The reference scenario in IESO’s 2026 Annual Planning Outlook indicates net annual energy demand growth of 65% by 2050, from just over 150 TWh in recent years to 250 TWh.
Ontario Power Generation
IESO Board OKs Rule Changes Ahead of Capacity Auction
IESO will implement new rules for breaking ties and reducing unfulfilled commitments in its capacity market ahead of its next auction Nov. 26-27.
IESO
IESO Implementing ‘True-up’ on Renewed Market Rules
After more than six months of operations under its Market Renewal Program, IESO is implementing “non-substantive” rule changes it says will improve clarity and alignment.
IESO
IESO Preps for ‘Virtual’ Corporate PPAs
IESO will begin allowing corporate energy buyers to purchase power from off-site renewable generators next spring, giving loads another way to reduce their Global Adjustment charges.
Government of Ontario
IESO Considers How to Grow Ontario’s Economy amid Deepening Trade War

IESO is considering ways to grow Ontario’s economy and secure its energy supply without relying on trade with its U.S. neighbors, just as President Donald Trump launched another salvo in his ongoing trade war on Canada.

Highview Power
IESO Seeks to Manage Risks in Long Lead-time Procurement
IESO is seeking to reduce the risk of its procurement of long lead-time resources by reserving the right to reject proposals that are too expensive and cancel deals in the first few years.
IESO
Ontario Opens Talks on Repowering Old Generation
IESO is asking generation owners what it will take to extend the lives of their units at the end of their current contracts as Ontario seeks ways to meet a projected 75% load increase by 2050.

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