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
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January 25, 2022 |
The IESO will inform stakeholders of key priorities identified as part of the feedback received on the 2021 AAR and provide an additional opportunity for feedback. The IESO will discuss plans for evolving future AARs and the present the engagement plan for the Long Term RFP. |
This webinar was presented during the IESO's January stakeholder engagement sessions, see full agenda for more information. |
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January 7, 2022 |
Feedback due on the December 15 webinar topics:
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December 15, 2021 |
IESO will continue discussions around design and implementation related to the 2022 Capacity Auction enhancements including a walkthrough of the supporting draft market rule and manual amendments as well as an update on the Long-Term RFP.
Proposed Market Rule Amendment Draft Market Manuals
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This webinar was presented during the IESO's December stakeholder engagement sessions, see full agenda for more information. |
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December 14, 2021 |
Feedback due on the materials and topics presented at the November 23 webinar. As a reminder, the Resource Adequacy feedback being requested is focused on the Annual Acquisition Report, Capacity Auction enhancements, overview to the Long-Term RFP and procurement fees.
January 18, 2022: IESO Response to Stakeholder Feedback – RA Framework and AAR |
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November 29, 2021 |
2021 Capacity Auction - Clarification (Resource Adequacy SE) |
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November 23, 2021 |
Annual Acquisition Report: The IESO will engage with stakeholders on the 2021 Annual Acquisition Report (AAR) that was released in July, including a status of the 2021 AAR planned actions, key feedback received to date and next steps for the 2022 AAR. Long Term RFP: The IESO will present an initial overview of the LT RFP and the key areas of engagement with stakeholders over the course of developing the parameters of the procurement initiative. Procurement Fees: The IESO will engage with stakeholders on a proposed procurement fee setting framework, and the factors considered when setting fees, for future IESO procurements. Capacity Auction: The IESO will present updates to performance testing procedures for capacity auction resources and provide a response to feedback received from previous engagement meetings.
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This webinar was presented during the IESO's November stakeholder engagement sessions, see full agenda for more information. |
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November 12, 2021 |
Following the October 21st webinar, the IESO is seeking feedback from stakeholders on the following discussed items including the Capacity Auction, Medium and Long Term RFP.
December 17, 2021: IESO Response to Stakeholder Feedback - MT & LT RFP December 17, 2021: IESO Response to Stakeholder Feedback – Capacity Auction |
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October 21, 2021 |
Engagement webinar IESO will review and discuss the Design Document for 2022 Enhancements to the Capacity Auction. The IESO will provide stakeholders with an update on the feedback received on the Medium Term RFP and review next steps with respect to this engagement. |
This webinar was presented during the IESO's October stakeholder engagement sessions, see full agenda for more information. |
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October 14, 2021 |
Deadline for stakeholder feedback on topics presented at the September 23 webinar: Capacity Auction enhancements, Hourly Demand Response Baseline Methodology and the Medium-Term RFP.
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September 23, 2021 |
Engagement webinar At this engagement session, the IESO will continue discussions around the medium term RFP, including initial response to feedback from the August meeting and further detail on the procurement design. The IESO will also provide an update on planned design and implementation activities related to Capacity Auction Enhancements for Q4. The second part of the meeting will be primarily focused on Demand Response resources, where the IESO will present preliminary results of the Hourly Demand Response baseline methodology review and provide an opportunity for any further discussions related to design enhancements for the 2022 Capacity Auction. |
Recorded Presentation |
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September 17, 2021 |
Deadline for stakeholder feedback on topics presented at the August 26th webinar: Capacity Auction – Review of Performance Obligations and Assessment Framework Recommendations and Medium-Term RFP.
Additional feedback from the Market Surveillance Panel October 14, 2021: IESO Response to Stakeholder Feedback – Capacity Auction October 14, 2021: IESO Response to Stakeholder Feedback – Medium–Term RFP |
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August 26, 2021 |
Engagement webinar The IESO will kick-off engagement for the Medium-Term RFP by providing an initial overview of the procurement and next steps. Discussion will also continue around the capacity auction as the IESO reviews the performance assessment framework. |
This webinar was presented during the IESO's August stakeholder engagement sessions, see full agenda for more information. |
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August 13, 2021 |
Deadline for stakeholder feedback on materials presented at the July 22nd webinar.
September 20, 2021: IESO Response to July 22 stakeholder feedback – Capacity Auction |
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July 22, 2021 |
The IESO will provide stakeholders with highlights from the 2021 Annual Acquisition Report (AAR). The IESO will provide stakeholders with more detail on UCAP proposals for individual resource types, and discussion will continue on expanding participation to resource-backed imports. |
This webinar was presented during the IESO's July stakeholder engagement sessions, see full agenda for more information. |
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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. Dispatchable Thermal Generation: 1:00 - 2:30 p.m. Meeting Summary Thermal Generation June 28 Dispatchable Storage: 9:00 - 10:30 a.m. Imports: 11:00 a.m. - 12:00 p.m. Demand Response (dispatchable loads and hourly demand response): 1:00 - 2:30 p.m.
Stakeholder Feedback |
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June 23, 2021
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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. |
This webinar was presented during the IESO's June stakeholder engagement sessions, see full agenda for more information. |
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June 18, 2021
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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 |
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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. |
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May 13, 2021 |
Deadline for stakeholder feedback on materials presented at April 22 webinar.
June 4, 2021: IESO Response to Stakeholder Feedback |
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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. |
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April 14, 2021
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Deadline for stakeholder feedback on materials presented at March 22nd webinar.
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April 8, 2021
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Overview of 2020 Capacity Auction Results - IESO Response to Stakeholder Feedback |
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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. |
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February 17, 2021 |
IESO is seeking feedback from stakeholders on the materials presented at the January 26th webinar Advanced Energy Management Alliance
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February 5, 2021 |
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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. |
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December 9, 2020 |
IESO is seeking feedback from stakeholders on the materials presented at the November 18th webinar
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December 2020 |
Recommendation to IESO Board |
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November 18, 2020
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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.
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October 20, 2020
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IESO is seeking feedback from stakeholders on the materials presented at the September 28th webinar
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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. |
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September 3, 2020 |
Engagement launched |
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August 2020 |
Discussion at Stakeholder Advisory Committee (SAC) meeting To gather SAC member feedback on launch of Resource Adequacy engagement |
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January 2020 |
Planned engagement meeting postponed |
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November 2019 |
Introduction to Resource Adequacy engagement |
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