Instructor-Led Courses

Introduction to Ontario's Physical Markets

This one-day workshop provides a basic explanation of Ontario's physical markets.

Target audience: Those new to Ontario's competitive wholesale electricity market.

Date: TBD

Location: MS Teams participation only

Fee: $350 + applicable taxes per person

Refunds are available up to 1 day before event.

Course details

 Topics covered:

  • What is the Electricity Market?
  • Who can participate in the market and who must?    
  • How and when are prices determined?
  • Which prices apply to which participants?
  • What is congestion and how does it impact the marketplace?
  • How are congestion management settlement credits calculated?
  • How does Ontario's IESO determine who supplies energy and operating reserve in real-time?
  • What is the Day-Ahead Commitment Process?
  • How do imports and exports fit in?
  • How are import/export prices determined? How are they impacted by Ontario prices?
  • How can importers and exporters be involved in the Day-Ahead Commitment Process?
  • What is Operating Reserve?
  • What is the Capacity auction?

Settlements/Commercial Reconciliation

This half-day course includes both a presentation and a hands-on workshop.

Target audience: Those who work with settlement statements and invoices.

Dates: TBD

Location: MS Teams participation only

Fee: $150 + applicable taxes per person

Refunds are available up to 1 day before event.

Course details

Topics covered:

  • How do I retrieve settlement statements and invoices?
  • What can I do when a settlement statement is incorrect?
  • How will I know when changes have been made as a result of a successful Notice of Disagreement?
  • How can I reconcile daily statements with a monthly invoice?
  • What detailed data is available for use in verifying my statements?

Capacity Auction Training

The following Capacity Auction eLearning courses are available:

Capacity Auction Training: Pre-Auction and Auction Period eLearning Module

This e-Learning module includes a brief overview of the Capacity Auction, the pre-auction period, the various key activities including the auction qualification and the auction period. This is an introductory Capacity Auction e-Learning module, so no prior background or knowledge of Capacity Auction is required.

There will also be two virtual Question and Answer sessions available for registration.

Target audience: People who are intending on participating in the Capacity Auction.

Date: July 5, 2024 until TBD

Location: ***This is offered as an eLearning module only***

Fee: Free

Registration for the Capacity Auction Training: Pre-Auction and Auction Period eLearning Module Question and Answer Session(s):

Session #1: July 24, 2024 1:00PM – 2:30PM EDT

Register

Session #2: July 31, 2024 1:00PM – 2:30PM EDT

Register

Capacity Auction Training: Forward Period and Commitment Period eLearning Module

This e-Learning module includes an overview of the Forward Period and the Commitment Period including specifics for the commitment period for Storage, Imports, DL’s and HDR’s. This module will also include information on various Capacity Auction Testing. This is an introductory Capacity Auction e-Learning module, so no prior background or knowledge of Capacity Auction is required.

The virtual Question and Answer sessions for this eLearning Module have already taken place.

Target audience: People who are intending on participating in the Capacity Auction.

Date: March 11, 2024 until TBD

Location: ***This is offered as an eLearning module only***

Fee: Free

To access the eLearning Modules:

Contact IESO Customer Relations at customer.relations@ieso.ca. Please include the following in your email:

  • Organization name (name registered with IESO)
  • First and Last name
  • eLearning Module(s) you would like to be enrolled in
  • Email that you would like us to use for your eLearning account registration (preferably your organization email address)

Once your request is processed, you will receive an email from “Reach 360” with a link to the IESO eLearning website and will be prompted to create an account. This site will provide you access to your requested course(s). As new courses are added you may be alerted via email or by regularly visiting this page to see if new courses are listed.

If you have already registered and have a IESO Reach 360 account and would like to enroll in one of the modules above, you do not need to register again. Please send an email to customer.relations@ieso.ca and include the following in your email:

  • Email address used for your Reach 360 account
  • eLearning Module(s) you would like to be enrolled in
Course details

Capacity Auction Training: Pre-Auction and Auction Period eLearning Module

Topics covered:

  • Capacity Auction Overview
  • Pre-Auction Period
  • Auction Qualification
  • Auction Period

Capacity Auction Training: Forward Period and Commitment Period eLearning Module

Topics covered:

  • Overview Forward Period Commitment Period
  • General Commitment Period
  • Generators Commitment Period
  • Storage Commitment Period
  • Imports Commitment Period
  • DL's and HDR's Commitment Period
  • Testing of Capacity Auction Resources
  • Capacity Test
  • In Period Cleared UCAP Adjustment for HDR Resources Dispatch Test
  • Settlement

Interjurisdictional Energy Trading

This half-day workshop will cover trading in the IESO markets. Specific topics include: IESO market overview, NISL, intertie pricing, transaction timelines and Transmission Rights.  

Target audience: People who are trading energy into, out of or through Ontario.

Date: TBD

Location: Webex Participation only

Fee: $150 + applicable taxes per person

Refunds are available up to 1 day before event.

Course details

Topics covered:

  • In which markets can importers and exporters participate?
  • How are import/export prices determined? How are they impacted by Ontario prices?
  • What are the timelines for scheduling imports and exports?
  • How do Net Interchange Schedule Limits affect transactions?
  • How do congestion management settlement credits apply to imports and exports?
  • What is an Intertie Offer Guarantee; how is it calculated?
  • What about tax treatment for imports and exports?
  • What is a Transmission Right (TR)?
  • What are the requirements to participate in the TR market?
  • How are payments to TR holders determined?
  • How does the TR auction process work?
  • How importers and exporters can be involved in the Day-Ahead Commitment Process?
  • How are imports and exports settled?