2022 Transmission Rights Auction Schedule
|
Auction Name |
TR Ownership Period |
Pre-auction Publication |
TR Deposits Due |
TR Bid Window |
Invoice Date |
Payment Due Date |
|---|---|---|---|---|---|---|
|
ST_20220201 |
Feb 1 to 28, 2022 |
December 10, 2021 |
January 4, 2022 |
January 11/12, 2022 |
January 24, 2022 |
January 26, 2022 |
|
LT_20220401 |
Apr 1, 2022 to Mar 31, 2023 |
December 17, 2021 |
Round 1 - January 10, 2022 Round 2 - January 13, 2022 |
Round 1 - January 17/18, 2022 Round 2 - January 20/21, 2022 |
January 31, 2022 |
February 2, 2022 |
|
ST_20220301 |
Mar 1 to 31, 2022 |
January 7, 2022 |
February 1, 2022 |
February 8/9, 2022 |
February 22, 2022 |
February 24, 2022 |
|
ST_20220401 |
Apr 1 to 30, 2022 |
February 7, 2022 |
March 2, 2022 |
March 9/10, 2022 |
March 21, 2022 |
March 23, 2022 |
|
ST_20220501 |
May 1 to 31, 2022 |
March 4, 2022 |
March 29, 2022 |
April 5/6, 2022 |
April 20, 2022 |
April 22, 2022 |
|
ST_20220601 |
Jun 1 to 30, 2022 |
April 8, 2022 |
May 3, 2022 |
May 10/11, 2022 |
May 24, 2022 |
May 26, 2022 |
|
LT_20220701 |
Jul 1, 2022 to Jun 30, 2023 |
April 14, 2022 |
Round 1 - May 9, 2022 Round 2 - May 12, 2022 |
Round 1 - May 16/17, 2022 Round 2 - May 19/20, 2022 |
May 31, 2022 |
June 2, 2022 |
|
ST_20220701 |
Jul 1 to 31, 2022 |
May 9, 2022 |
June 1, 2022 |
June 8/9, 2022 |
June 20, 2022 |
June 22, 2022 |
|
ST_20220801 |
Aug 1 to 31, 2022 |
June 10, 2022 |
July 5, 2022 |
July 12/13, 2022 |
July 25, 2022 |
July 27, 2022 |
|
ST_20220901 |
Sep 1 to 30, 2022 |
July 8, 2022 |
August 2, 2022 |
August 9/10, 2022 |
August 22, 2022 |
August 24, 2022 |
|
LT_20221001 |
Oct 1, 2022 to Sep 30, 2023 |
July 15, 2022 |
Round 1 - August 8, 2022 Round 2 - August 11, 2022 |
Round 1 - August 15/16, 2022 Round 2 - August 18/19, 2022 |
August 29, 2022 |
August 31, 2022 |
|
ST_20221001 |
Oct 1 to 31, 2022 |
August 8, 2022 |
August 30, 2022 |
September 7/8, 2022 |
September 19, 2022 |
September 21, 2022 |
|
ST_20221101 |
Nov 1 to 30, 2022 |
September 2, 2022 |
September 26, 2022 |
October 4/5, 2022 |
October 18, 2022 |
October 20, 2022 |
|
ST_20221201 |
Dec 1 to 31, 2022 |
October 7, 2022 |
November 1, 2022 |
November 8/9, 2022 |
November 21, 2022 |
November 23, 2022 |
|
LT_20230101 |
Jan 1, 2023 to Dec 31, 2023 |
October 14, 2022 |
Round 1 - November 4, 2022 Round 2 - November 9, 2022 |
Round 1 - November 14/15, 2022 Round 2 - November 17/18, 2022 |
November 28, 2022 |
November 30, 2022 |
|
ST_20230101 |
Jan 1 to 31, 2023 |
November 8, 2022 |
December 1, 2022 |
December 8/9, 2022 |
December 19, 2022 |
December 21, 2022 |
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 2022.
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