2019 Transmission Rights Auction Schedule
|
Auction Name |
TR Ownership Period |
Pre Auction Publication |
TR Deposits Due |
TR Bid Window |
Invoice Date |
Payment Due Date |
|---|---|---|---|---|---|---|
|
ST_20190201 |
Feb 1 to 28, 2019 |
December 7, 2018 |
January 2, 2019 |
January 9/10, 2019 |
January 21, 2019 |
January 23, 2019 |
|
ST_20190301 |
March 1 to 31, 2019 |
January 4, 2019 |
January 29, 2019 |
February 5/6, 2019 |
February 19, 2019 |
February 21, 2019 |
|
LT_20190401 |
April 1, 2019 to March 31, 2020 |
January 11, 2019 |
Round 1 – February 4, 2019 Round 2 – February 7, 2019 |
Round 1 – February 11/12, 2019 Round 2 – February 14/15, 2019 |
February 26, 2019 |
February 28, 2019 |
|
ST_20190401 |
April 1 to 30, 2019 |
February 1, 2019 |
February 26, 2019 |
March 5/6, 2019 |
March 18, 2019 |
March 20, 2019 |
|
ST_20190501 |
May 1 to May 31, 2019 |
March 7, 2019 |
April 2, 2019 |
April 9/10, 2019 |
April 24, 2019 |
April 26, 2019 |
|
ST_20190601 |
June 1 to 30, 2019 |
March 28, 2019 |
April 24, 2019 |
May 1/2, 2019 |
May 13, 2019 |
May 15, 2019 |
|
LT_20190701 |
July 1, 2019 to June 30, 2020 |
April 11, 2019 |
Round 1 – May 6, 2019 Round 2 – May 9, 2019 |
Round 1 – May 13/14, 2019 Round 2 – May 16/17, 2019 |
May 28, 2019 |
May 30, 2019 |
|
ST_20190701 |
July 1 to 31, 2019 |
May 10, 2019 |
June 4, 2019 |
June 11/12, 2019 |
June 24, 2019 |
June 26, 2019 |
|
ST_20190801 |
August 1 to 31, 2019 |
June 6, 2019 |
July 2, 2019 |
July 9/10, 2019 |
July 22, 2019 |
July 24, 2019 |
|
ST_20190901 |
September 1 to 30, 2019 |
July 11, 2019 |
August 6, 2019 |
August 13/14, 2019 |
August 26, 2019 |
August 28, 2019 |
|
LT_20191001 |
October 1, 2019 to September 30, 2020 |
July 17, 2019 |
Round 1 – August 12, 2019 Round 2 – August 15, 2019 |
Round 1 – August 19/20, 2019 Round 2 – August 22/23, 2019 |
September 3, 2019 |
September 5, 2019 |
|
ST_20191001 |
October 1 to 30, 2019 |
August 8, 2019 |
September 3, 2019 |
September 10/11, 2019 |
September 23, 2019 |
September 25, 2019 |
|
ST_20191101 |
November 1 to 30, 2019 |
September 5, 2019 |
September 30, 2019 |
October 7/8, 2019 |
October 22, 2019 |
October 24, 2019 |
|
ST_20191201 |
December 1 to 31, 2019 |
October 11, 2019 |
November 5, 2019 |
November 13/14, 2019 |
November 25, 2019 |
November 27, 2019 |
|
LT_20200101 |
January 1, 2020 to December 31, 2020 |
October 3, 2019 |
Round 1 – October 28, 2019 Round 2 – October 31, 2019 |
Round 1 – November 4/5, 2019 Round 2 – November 7/8, 2019 |
November 19, 2019 |
November 21, 2019 |
|
ST_20200101 |
January 1 to 31, 2020 |
October 31, 2019 |
November 28, 2019 |
December 5/6, 2019 |
December 16, 2019 |
December 18, 2019 |
|
Preliminary Settlement Statement |
2 business days after trading day |
|
Time to file a Notice of Disagreement |
2 business days after preliminary settlement statement is issued |
|
Final Settlement Statement |
6 business days after trading day |
|
Billing Period |
Trading week (Sunday to Saturday) |
|
Invoice |
6 business days after the end of the trading week (a Monday unless there is a holiday in the week) |
|
Payment |
Payments to IESO within 2 business days of invoice issue |
The Pre-Auction Publication date represents the market rule requirement for the publishing of the Transmission Rights Market Pre- Auction reports. Actual publishing may occur earlier.
The TR Bid Window normally opens at 09:00 EST of the first day and closes at 17:00 EST of the second day.
The maximum number of transmission rights that can be allocated in each auction is determined by the process described in Market Manual 4.4.
Transmission Rights Auction Settlement information can be found in the Financial Market Settlement Schedule and Payment Calendar.
The following table summarizes key activities and dates associated with the Transmission Rights (TR) Market in the calendar year 2019. While it is the IESO’s intention to have the TR Auction activities occur on the dates proposed, the Market Rules allow for the TR Auction to occur anywhere within a specified period of time.
Should invoice payments not be received by the payment due date, the Transmission Rights shall not be issued to the TR bidder, and additional penalties shall be applied as outlined in Market Rules, Chapter 8, Section 4.20.