2020 Transmission Rights Auction Schedule
|
Auction Name |
TR Ownership Period |
Pre Auction Publication |
TR Deposits Due |
TR Bid Window |
Invoice Date |
Payment Due Date |
|---|---|---|---|---|---|---|
|
ST_20200201 |
February 1 to 29, 2020 |
December 9, 2019 |
January 6, 2020 |
January 13/14, 2020 |
January 27, 2020 |
January 29, 2020 |
|
ST_20200301 |
March 1 to 31, 2020 |
January 3, 2020 |
January 28, 2020 |
February 4/5, 2020 |
February 18, 2020 |
February 20, 2020 |
|
LT_20200401 |
April 1, 2020 to March 31, 2021 |
January 10, 2020 |
Round 1 – February 3, 2020 Round 2 – February 6, 2020 |
Round 1 – February 10/11, 2020 Round 2 – February 13/14, 2020 |
February 25, 2020 |
February 27, 2020 |
|
ST_20200401 |
April 1 to 30, 2020 |
January 31, 2020 |
February 25, 2020 |
March 3/4, 2020 |
March 16, 2020 |
March 18, 2020 |
|
ST_20200501 |
May 1 to 31, 2020 |
March 6, 2020 |
March 31, 2020 |
April 7/8, 2020 |
April 21, 2020 |
April 23, 2020 |
|
ST_20200601 |
June 1 to 30, 2020 |
April 2, 2020 |
April 27, 2020 |
May 4/5, 2020 |
May 19, 2020 |
May 21, 2020 |
|
LT_20200701 |
July 1, 2020 to June 30, 2021 |
April 9, 2020 |
Round 1 – Round 2 – May 7, 2020 |
Round 1 – Round 2 – |
May 26, 2020 |
May 28, 2020 |
|
ST_20200701 |
July 1 to 31, 2020 |
May 8, 2020 |
June 2, 2020 |
June 9/10, 2020 |
June 22, 2020 |
June 24, 2020 |
|
ST_20200801 |
August 1 to 31, 2020 |
June 5, 2020 |
June 29, 2020 |
July 7/8, 2020 |
July 20, 2020 |
July 22, 2020 |
|
ST_20200901 |
September 1 to 30, 2020 |
July 10, 2020 |
August 5, 2020 |
August 12/13, 2020 |
August 24, 2020 |
August 26, 2020 |
|
LT_20201001 |
October 1, 2020 to September 30, 2021 |
July 17, 2020 |
Round 1 – August 10, 2020 Round 2 – August 13, 2020 |
Round 1 – August 17/18, 2020 Round 2 – August 20/21, 2020 |
August 31, 2020 |
September 2, 2020 |
|
ST_20201001 |
October 1 to 31, 2020 |
August 10, 2020 |
September 2, 2020 |
September 10/11, 2020 |
September 21, 2020 |
September 23, 2020 |
|
ST_20201101 |
November 1 to 30, 2020 |
September 3, 2020 |
September 28, 2020 |
October 5/6, 2020 |
October 20, 2020 |
October 22, 2020 |
|
LT_20210101 |
January 1, 2021 to December 31, 2021 |
October 1, 2020 |
Round 1 – October 26, 2020 Round 2 – October 29, 2020 |
Round 1 – November 2/3 2020 Round 2 – November 5/6, 2020 |
November 17, 2020 |
November 19, 2020 |
|
ST_20201201 |
December 1 to 31, 2020 |
October 9, 2020 |
November 4, 2020 |
November 12/13, 2020 |
November 23, 2020 |
November 25, 2020 |
|
ST_20210101 |
January 1 to 31, 2021 |
November 6, 2020 |
November 30, 2020 |
December 7/8, 2020 |
December 21, 2020 |
December 23, 2020 |
|
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 2020.
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.