IESO issues draft Regulation Service RFP for comment
December 22, 2016
The IESO has issued a draft Request for Proposals (RFP) for Regulation Service that builds on information received through a Request for Information issued in June 2016. The IESO has indicated a growing need for regulation through various engagement initiatives, as well as the most recent 18-Month Outlook (December 2016) and aims to expand the depth of the regulation service market in Ontario.
The IESO is now seeking comment from interested parties on the draft RFP, which is available in Corporate Procurement. All responses are due by February 10, 2017. This is not an invitation to tender at this time.
Regulation acts to match total system generation to total system load on a minute-by-minute or second-by-second basis, as required on the electricity grid, and helps to correct variations in power system frequency.