Transmission Rights Market Review

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The IESO has initiated a stakeholder consultation to review the current design of the IESO's Transmission Rights market. The Transmission Rights market is a financial market that provides participants with an opportunity to purchase transmission rights (TRs) through an auction administered by the IESO. The consultation will be conducted in two phases:

Phase one will review the confidence level and current stabilization design which is intended to balance the Transmission Rights Clearing Account and find equilibrium where the number of transmission rights sold provides for the most efficient market
Phase two, expected to begin later in 2013, will initiate a comprehensive review of the basic design of the TR market

This initiative will be of interest to all existing and future market participants who are transmission customers (i.e., loads), participate in the transmission rights market, or transact on the interties.

The Stakeholder Engagement Plan has been developed to define the opportunity for stakeholder involvement.

Stakeholder Engagement Plan (Draft)

Stakeholder Engagement Plan (Final, May 9, 2013)

For more information about this initiative, email engagement@ieso.ca.

Documents referenced on this page, but not posted, can be obtained by contacting customer.relations@ieso.ca with a link to the web page that lists the document and advise whether it needs to be provided in an accessible format. Please allow a minimum of one business day for a response.

Schedule of Activities

Date Agenda Minutes	Activities	Expected Actions
October 12, 2017	Engagement Complete
December 12, 2016	Phase I: Stakeholder webinar to implement the new Reports and Process updates Communication Presentation Stakeholder Feedback and IESO Response	TR Reports and Process updates to be implemented as part of Baseline 37.0 on March 1, 2017
TBD	Phase 2 Review on Transmission Rights Market Design Communication Transmission Rights Market Review Stakeholder Engagement Update	Communication and materials posted
July 17, 2014	Phase I of the stakeholder engagement is now completed. Communication
July 3, 2014	IMDC issued for stakeholder comment Communication
June 30, 2014	IESO Response to Stakeholder Feedback
June 23, 2014	Communication Stakeholder Feedback HQ Energy Marketing Inc.
June 16, 2014	IESO Response to Stakeholder Feedback Phase I - Revised Implementation Recommendations	IESO to post response to stakeholder feedback
May 16, 2014	Deadline for written input from stakeholders Communication Stakeholder Feedback Brookfield Renewable Power Bruce Power HQ Energy Marketing Inc. Ontario Power Generation	Stakeholders to respond to May 6 meeting materials / IESO to post feedback
May 6, 2014 Agenda Minutes	Stakeholder Meeting (Webinar) to review confidence level analysis and proposal Phase 1 – Implementation Recommendations Presentation (Revised)	IESO to post meeting materials
September 19, 2013	Next Steps Transmission Rights Market Review
September 2013	Summary Report of Phase 1 Stakeholder Consultation and recommendation to IESO Board of Directors
August 9, 2013	Report (Revised) - TR Market Review: Phase 1 Analysis: Results and Recommendations Report (Red-Lined) - TR Market Review: Phase 1 Analysis: Results and Recommendations
August 2, 2013	Stakeholder Feedback Hydro-Quebec Ontario Power Generation IESO Response to Stakeholder Feedback
July 25, 2013 Agenda Minutes	Stakeholder Meeting to discuss findings and recommendations Communication Report - TR Market Review: Phase 1 Analysis: Results and Recommendations (July 18, 2013) Presentation
May 30, 2013	Posting of IESO responses and final analysis plan IESO Response to Stakeholder Feedback Final Analysis Plan
May 23, 2013	Deadline for written input from stakeholders Communication Stakeholder Feedback Customized Energy Solutions Hydro-Quebec Energy Marketing Ontario Power Generation
May 16, 2013 Agenda Minutes	Stakeholder Meeting to discuss comments, IESO responses and proposed analysis IESO Response to Stakeholder Feedback Proposed Analysis Phase 1 - Presentation Proposed Analysis Phase 1 - Paper	Review and Discussion - materials posted in advance of meeting
Mid-May, 2013	Post feedback and recommendations
May 3, 2013	Stakeholder Feedback Hydro Quebec Energy Marketing Ontario Power Generation Sygration	Stakeholders to provide feedback
April 29, 2013	Information Webinar to present details of Discussion Paper Discussion Paper Presentation	Post Materials for review in advance of meeting
April 11, 2013	Post and Communicate Stakeholder Engagement Plan and Phase 1 Discussion Paper	Review and Comment from Stakeholders