Regulation service is an ancillary service that the IESO contracts to help ensure the reliable operation of the power system. Regulation provides frequency support to ensure electricity supply and demand are balanced on a second-to-second basis.
The IESO’s Annual Planning Outlook identifies growing regulation services needs over the next decade. Near term needs are expected to be met through bilateral negotiations with existing generators. To cost-effectively acquire incremental regulation capacity to meet needs emerging in 2030 and beyond, the IESO is engaging on the introduction of a competitive process, the Regulation Service Request for Proposals (RS RFP). This new procurement process is expected to offer regular opportunities for generation and storage resource owners to compete and secure contracts to provide this important ancillary service. The IESO is also working on enabling storage to provide reliability services, including regulation services through the Enabling Resources Program.
To support these ongoing initiatives, and as the IESOs penetration of regulation service provision grows, the IESO is proposing an update to the performance measurement framework applied to regulation service providers.
This engagement will address amendments to Market Rules and Market Manuals related to the update of the performance measurement framework applied to regulation service providers.
All comments and enquiries on this engagement can be directed to engagement@ieso.ca.
Regulation Service Performance Measurement Framework Updates
This webinar will present the IESO’s proposed updates to the performance measurement framework for regulation service providers as the provision of regulation services grows. It will also discuss the required amendments to the Market Rules and Market Manuals related to the performance measurement framework that will support ongoing initiatives to acquire and enable additional regulation service providers through the various acquisition mechanisms and the Enabling Resources Program.
