IESO Board approves two sets of market rule amendments for the Demand Response Auction
October 22, 2015
The IESO Board has approved the following market rule amendments at its meeting on October 22:
- MR-00416-R03: Demand Response Auctions – Non-Performance Charges and Settlement
This amendment enables the settlement of amounts associated with obligations arising from a demand response auction, including availability payments, non-performance charges, and elected buy-outs.
- MR-00416-R04: Demand Response Auctions – Prudential Support Obligations
This amendment specifies the demand response prudential support requirements for market participants with a demand response capacity obligation.
The effective date of both amendments is November 13, 2015.