Market Renewal Program
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.
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’s plan to give its staff authority to set market parameters without approval by the Board of Directors has sparked a debate over the ISO’s governance and the role of stakeholders.
Ontario’s energy regulator is learning new ways to identify inefficiencies and malign behavior under IESO’s Market Renewal Program.
IESO officials say they are shifting from correcting implementation problems to seeking structural improvements in their nodal market.
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.
Ontario's IESO successfully launched its nodal market on May 1, reporting few glitches during its rollout.
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.
Yes Energy's Emily Merchant provides answers to some frequently asked questions about IESO's new nodal market.
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