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Market Renewal Program business case now posted

November 7, 2019

Based on an assessment of the operational, reliability and financial impacts and costs associated with implementation of the new energy market, a new MRP business case suggests net benefits will reach $800 million during the first 10 years – and continue well beyond that period.

Most of the benefits – that extend to the system, the sector and ultimately consumers – are the result of aligning price and dispatch, and reducing the need for out-of-market payments; addressing instances and causes of gaming; providing information to incent good investments; and implementing changes that will address emerging system needs.

Visit our Market Renewal page to learn more.

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