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Market Renewal

Market Renewal

The Market Renewal Program (MRP) is introducing fundamental reforms to the province’s electricity markets to improve how we supply, schedule and price electricity to meet Ontario’s future needs at the lowest cost.

News and Updates: 

Read the IESO Response to Feedback on the Real-Time Calculation Engine Detailed Design Document
December 28, 2020

Read the October Market Renewal Newsletter
October 21, 2020 

Sign up for regular updates about the Market Renewal Program
April 30, 2020

News and Updates>

Upcoming Events

Posting of final version of the detailed design documents
January 29, 2021


 

 

 

 

                                                                    Events Calendar >

Overview

The program initiatives – the single schedule market (SSM)day-ahead market (DAM) and enhanced real-time unit commitment (ERUC) – will make improvements to the current market design, leading to system efficiencies, lower costs for consumers and new opportunities for market participants. MRP will help create a stable and efficient marketplace that produces value for consumers by encouraging competition and innovation.

Market Renewal Key Milestones

Market Renewal Timeline

New video explains the Market Renewal Program

Check out the new video - An Introduction to Market Renewal – and learn about the changes we are making to Ontario’s electricity markets, including how we schedule and price electricity.