IESO Board approves five sets of market rule amendments
August 27, 2015
The IESO Board has approved the following market rule amendments at its meeting on August 26:
- MR-00416-R00, R01, R02: Demand Response Auctions – Participant Authorization and Facility Registration, Auction Parameters and Energy Market Participation
These amendments enable a demand response auction that provides for the competitive procurement and development of demand response in Ontario.
Specifically, the amendment proposals will:
- Create a new market participant class, and specify the requirements to participate in demand response auctions;
- Establish demand response auction parameters, IESO pre and post auction reporting obligations and auction mechanics to determine auction clearing prices and quantities;
- Specify the market participant eligibility requirements to deliver on a demand response capacity obligation resulting from an auction;
- Establish energy market participation requirements for demand response market participants with demand response capacity obligations.
The effective date of the amendment is September 18.
- MR-00417-R00: Adequacy Reporting Refresh
This amendment incorporates changes to adequacy reporting and publication. The effective date of this amendment will be after the completion of the IT upgrades to the existing adequacy reporting tool set which is expected in the first quarter of 2016.
- MR-00418-R00: Outage Management Process Redesign
This amendment enables a new outage management process designed to:
- Improve outage management related services for market participants;
- Maximize the efficiency and effectiveness of participant and IESO activities that support outage management;
- Reduce the risk of reliability standards violations associated with outage related processes.
The effective date of this amendment will be after the completion of the Integrated Outage Management System (IOMS) software replacement which is expected in the third quarter of 2016.
This amendment allows the IESO Board to direct disbursements from the Transmission Rights Clearing Account to better match consumption patterns during the period in which the surplus in the account was accumulated. The effective date of this amendment is September 18.
- MR-00423-R00: Limiting Constrained-Off Congestion Management Settlement Credits (CMSC) at the Interties
This amendment limits constrained-off CMSC for all intertie transactions. Specifically, market participants who are offering to inject or withdraw energy over an intertie shall not be eligible for CMSC payments where the transaction is constrained-off in the final pre-dispatch run prior to the dispatch hour. The effective date of this amendment is September 18.