Resource Adequacy Engagement
The IESO remains committed to transitioning to the long-term use of competitive mechanisms to meet Ontario’s resource adequacy needs and understands that stakeholder input is critical to inform this transition. To begin this discussion with stakeholders, the IESO has developed a draft resource adequacy strategy based on extensive stakeholder engagement conducted on the Incremental Capacity Auction High-level Design and additional discussions with individual stakeholders to better understand their specific risks. Key feedback themes that emerged through these discussions with stakeholders include:
- Recognition that a “one-size-fits-all” approach won’t be sufficient to balance supplier, ratepayer and system operator risks and cost-effectively meet all of our needs
- Different resource types have different risks, requirements and timelines for development that should be considered
- Different tools are better suited to different resource types
- Some resources are not suited to competitive acquisition mechanisms
- System planning forecasts will have to align with any resource adequacy strategy we go forward with
- Increased risk in Ontario markets due to regulatory and political uncertainty
To facilitate competition, and provide business planning certainty, resource adequacy needs should be planned and acquired for three timeframes: short, mid and long-term. Through this consultation, the IESO will engage stakeholders to further develop a long-term competitive strategy to meet Ontario’s resource adequacy needs reliably and cost-effectively while recognizing the unique needs of different resources.
This engagement plan outlines the objectives, approach, timeline and considerations for engaging stakeholders. 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 |
Activities |
Expected Actions |
|
June 25 & 28, 2021 |
Resource-Specific UCAP Discussions As indicated in the May 28 webinar, the IESO is scheduling discussions with stakeholders to discuss the resource-specific UCAP proposals in more detail. The details and registration link for each resource-specific UCAP meeting are provided below. All times are in EST. All stakeholders are welcome to register for any meeting, however, discussion will focus only on UCAP considerations for the resource type in question. June 25 Dispatchable Hydro: 9:30 - 11:00 a.m. Register with engagement@ieso.ca Dispatchable Thermal Generation: 1:00 - 2:30 p.m. Register with engagement@ieso.ca June 28 Dispatchable Storage: 9:00 - 10:30 a.m. Register with engagement@ieso.ca Imports: 11:00 a.m. - 12:00 p.m. Register with engagement@ieso.ca Demand Response (dispatchable loads and hourly demand response): 1:00 - 2:30 p.m. Register with engagement@ieso.ca |
|
|
June 23, 2021
|
Engagement webinar The IESO will present the final scope and next steps for the HDR baseline methodology review and provide an update on the 2021 Annual Acquisition Report. |
Register with engagement@ieso.ca This webinar is being presented during the IESO's June stakeholder engagement sessions, see full agenda for more information. |
|
June 18, 2021
|
Deadline for stakeholder feedback on the Resource Adequacy Information Guide, Forward Guidance and Minimum Target Threshold, Transition to Qualified Capacity/UCAP and UCAP Resource-Specific Meetings |
|
|
May 28, 2021 |
Engagement webinar In this month's Resource Adequacy webinar, items related to the Capacity Auction include beginning the discussion on transition to the use of qualified capacity/UCAP and the IESO will present initial thoughts on establishing a minimum target capacity and seek stakeholder input on considerations. Further details on the 2021 AAR will also be provided. |
This webinar was presented during the IESO's May stakeholder engagement sessions, see full agenda for more information. |
|
May 13, 2021 |
Deadline for stakeholder feedback on materials presented at April 22 webinar.
June 4, 2021: IESO Response to Stakeholder Feedback |
|
|
April 22, 2021 |
Engagement Webinar This month's Resource Adequacy webinar will include a brief discussion of the mid-term framework mechanism and what needs it will seek to satisfy. The IESO will also provide further details on administrative enhancements planned for the 2021 Capacity Auction and present a draft scope for a review of the hourly demand response baseline methodology. |
This webinar was presented during the IESO's April stakeholder engagement sessions, see full agenda for more information. |
|
April 14, 2021
|
Deadline for stakeholder feedback on materials presented at March 22nd webinar.
|
|
|
April 8, 2021
|
Overview of 2020 Capacity Auction Results - IESO Response to Stakeholder Feedback |
|
|
March 22, 2021 |
Engagement webinar The IESO will briefly review stakeholder feedback received following the January 26 Resource Adequacy webinar, discuss uncertainties in forecasting Resource Adequacy needs over the next several years, present an engagement schedule for upcoming Resource Adequacy meetings, and discuss the purpose and goals of the enhanced Capacity Auction. |
This webinar was presented during the IESO's March stakeholder engagement sessions, see full agenda for more information. |
|
February 17, 2021 |
IESO is seeking feedback from stakeholders on the materials presented at the January 26th webinar Advanced Energy Management Alliance
|
|
|
February 5, 2021 |
||
|
January 26, 2021 |
Engagement webinar The IESO will present the Board-approved high-level Resource Adequacy framework, review stakeholder feedback received following the last meeting, and engage with stakeholders on how Ontario’s Resource Adequacy framework will be implemented by translating needs identified in planning documents into acquisition targets. |
This webinar was presented during the IESO's January stakeholder engagement sessions, see full agenda for more information. |
|
December 9, 2020 |
IESO is seeking feedback from stakeholders on the materials presented at the November 18th webinar
|
|
|
December 2020 |
Recommendation to IESO Board |
|
|
November 18, 2020
|
The IESO will summarize and provide a response to stakeholder feedback received following the September 28 webinar and present the proposed approach for the next phase of engagement to discuss details needed to operationalize and implement the Resource Adequacy framework. |
This webinar was presented during the IESO's November stakeholder engagement sessions, see full agenda for more information.
|
|
October 20, 2020
|
IESO is seeking feedback from stakeholders on the materials presented at the September 28th webinar
|
|
|
September 28, 2020 |
Engagement webinar The IESO will begin discussion regarding a long-term competitive resource adequacy strategy with stakeholders. |
This webinar was presented during the IESO's September stakeholder engagement sessions, see full agenda for more information. |
|
September 3, 2020 |
Engagement launched |
|
|
August 2020 |
Discussion at Stakeholder Advisory Committee (SAC) meeting To gather SAC member feedback on launch of Resource Adequacy engagement |
|
|
January 2020 |
Planned engagement meeting postponed |
|
|
November 2019 |
Introduction to Resource Adequacy engagement |
|