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Long-Term RFP

Resource Acquisition

The 2021 Annual Acquisition Report (AAR) signalled the IESO’s intent to launch a Request for Proposal (RFP) for at least 1,000 MW in fall 2022 to address multiple reliability needs.

The Long-Term RFP (LT RFP) will seek resources that can be in service between 2026 and 2028 to address global and regional needs. This procurement is part of the IESO’s broader Resource Adequacy Framework – an enduring approach to identifying the type of acquisition activity to use to resolve system needs. The framework contemplates a multi-pronged approach to secure resources, generally based on the length of the contract term.

The Long-Term RFP engagement plan outlines the objectives, approach, timeline and considerations for engaging stakeholders and conducting outreach to other targeted audiences throughout the development of the LT RFQ and RFP. This engagement plan may be subject to review and updates as the process evolves. All comments and enquiries on this engagement can be directed to engagement@ieso.ca.

Schedule of Activities

Date

Materials

Expected Actions

June 9, 2022

Engagement Webinar

The following topics will be on the agenda for the June 9 meeting:

  • Overview of the Final LT 1 RFQ, including review of feedback
  • Key design considerations for the upcoming LT 1 RFP and Contract, including but not limited to mandatory requirements, rated criteria, deliverability assessment and commercial contract structure
  • Overview of additional procurements, namely the Expedited procurement, the Same Technology Expansions and Uprates process and the Forward Capacity Auction

Register

 

May 2, 2022

Following the April 20 webinar, the IESO is seeking feedback from participants on the additional procurement mechanisms, as well as on proposed revenue streams.

 

May 2, 2022

Feedback is due on the proposed revisions captured in version 2 of the draft Long-Term Request for Qualifications (LT1 RFQ) posted April 22.

 

April 22, 2022

 

April 20, 2022

Engagement Webinar

An update on key activities under the Long-Term RFP including a summary of feedback received from the March 10 engagement session.

Recorded Presentation

This webinar was presented during the IESO's April stakeholder engagement sessions, see full agenda for more information.

March 31, 2022

Deadline for stakeholder feedback on the draft Long-Term Request for Qualifications (LT1 RFQ).

March 17, 2022

Deadline for stakeholder feedback on the draft RFP and Contract, including: term length, revenue streams, deliverability process and Draft RFQ discussed during the March 10th webinar.

April 22, 2022: IESO Response to Stakeholder Feedback

 

March 10, 2022

Webinar

Recorded Presentation

March 2, 2022

Due date for responding to LT I RFP Engagement Questionnaire 

 

February 28, 2022

 

February 18, 2022

Deadline for stakeholder feedback on materials presented at the February 8 webinar.

March 18, 2022: IESO Response to Stakeholder Feedback

February 16, 2022

LT I RFP Engagement - Questionnaire

 

February 8, 2022

Webinar

Recording

January 19, 2022

LT RFP Engagement Plan - Posted