Market Renewal Update for Local Distribution Companies
August 9, 2018
The IESO is hosting webinars for Local Distribution Companies (LDCs) regarding Market Renewal and potential impacts to LDC processes and tools. The IESO’s Market Renewal project is reshaping the foundation of Ontario's electricity market. The initiatives are addressing issues with the current market design and preparing the province for the electricity sector of tomorrow. The IESO invites all LDCs to participate, and registration information can be found below. The webinars are as follows:
1) Introduction to Market Renewal and the Incremental Capacity Auction
Improving the way Ontario acquires the resources to meet longer-term resource adequacy needs through an Incremental Capacity Auction (ICA) is one of the key initiatives of Market Renewal. The ICA will develop an enduring market-based mechanism that will secure incremental capacity to help ensure Ontario’s reliability needs are met cost-effectively. As part of the auction process, participants may seek new project connections or modifications to existing connections to the distribution system.
The webinar will be held August 17, from 10:00 am to 12:00 pm. Please register by sending an email to engagement@ieso.ca by August 15, 2018
2) Incremental Capacity Auction – Technical Session
This webinar will be a follow-up to the previous ICA discussion. This session will focus on the technical aspects on potential distribution connection coordination opportunities. This session will be of particular interest to planning, operational, and regulatory specialists.
The webinar will be held August 29, from 10:00 am to 11:30 am. Please register by sending an email to engagement@ieso.ca by August 27, 2018.
To learn more about Market Renewal and the stakeholder engagement process, including how to participate, visit the Market Renewal webpage.