Transitional capacity auction design document published
April 11, 2019
The transitional capacity auction (TCA) will evolve the existing demand response auction to enable competition between additional resource types and start in December 2019. This market mechanism provides an opportunity to phase-in some of the design features that are part of Market Renewal’s more comprehensive incremental capacity auction. The TCA also allows both the IESO and participants to learn and adjust before the significant capacity need in 2023.
The transitional capacity initial design document is posted on the Meeting Ontario’s Capacity Needs 2020-2024 engagement page.