Generator Contract Review

The Minister of Energy, Northern Development and Mines directed the IESO to retain the services of a third party consultant to review targeted generation contracts. The IESO retained Charles River Associates for this review.

The full report, prepared by Charles River Associates, reviews cost-saving opportunities in the management of targeted generation contracts. The review is part of the Ontario government’s efforts to identify opportunities to reduce electricity costs for consumers. The potential cost-lowering opportunities have been assessed and are summarized in this report that has been submitted to the government. The report and its appendices are listed here:

Contract Review Directive Report | Letter to Minister

Appendix 1: Order in Council

Appendix 2: Third Party Report

Appendix 3: Letter from the IESO

Appendix 4: Memo from Osler, Hoskin & Harcourt to the IESO

On September 16, 2020, the IESO and Chares River Associates hosted a webinar providing an overview on the approach and findings of the Generator Cost Review Report.

Presentation | Recorded Presentation