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IESO announces results of Demand Response Auction

December 20, 2018

The results of the IESO’s fourth Demand Response (DR) auction show continued growth in consumer participation and significant decreases in cost.

The DR auction is an annual competitive process through which participating demand-side resources, such as residential, commercial and industrial consumers, are selected to be available to reduce their electricity consumption as needed, in this case during the summer of 2019 and winter of 2019/2020.

This year, 38 organizations were registered as auction participants.. The successful proponents included four new participants who represent a mix of commercial and industrial DR resources. The average annual clearing price is $52,810/MW, a decrease of 30 percent from last year and 43 percent lower since the first auction in 2015. The 2019 auction cleared 818 megawatts (MW) for the summer commitment period and 854 MW for the winter commitment period.

The successful proponents and additional information about the auction is available on the Demand Response Auction webpage.

The news update is available here.

The next auction will be held in December 2019, for delivery of DR capacity between May 2020 and April 2021.

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