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IESO receives new directive

December 22, 2016

Pursuant to this directive, the IESO will enter into negotiations with OEFC NUGs to incentivize facilities to operate in a manner better aligned with system needs. The directive amends the FIT 5 procurement target and directs the IESO to cease accepting applications under the FIT Program by December 31, 2016. The IESO is directed to use the Conservation Fund to support Ontario Energy Board pilot projects for new pricing models and non-price tools. The IESO shall also deliver certain Province-Wide Distributor CDM Programs and shall undertake a pay-for-performance pilot program under the Industrial Accelerator Program. Read the directive.

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