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.
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.
Site preparation is underway in southern Ontario for what is expected to be the first small modular reactor to come online in North America, a 300-MW unit projected to cost $7.7 billion CAD.
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.
