Enhancements to the 2021-2024 Conservation and Demand Management Framework
October 6, 2022
The IESO has received a ministerial directive in connection with the 2021-2024 Conservation and Demand Management (CDM) Framework to enable additional CDM programming through a $342 million increase to the budget, from $692 million to a total of just over $1 billion.
This new funding and programming will deliver additional peak electricity demand savings of 285 megawatts (MW) and annual energy savings of 1.1 terawatt-hours (TWh) by 2025; the four-year framework is expected to achieve a total of 725 MW of peak demand savings and 3.8 TWh of electricity savings.
The IESO projected in its 2021 Annual Planning Outlook that there would be a need for additional electricity capacity beginning in 2025, and the 2022 Annual Acquisition Report identified necessary actions to ensure system reliability, including new energy-efficiency programs. The government accepted the IESO’s recommendation to roll out new and expanded energy-efficiency programs, which are among the lowest-cost ways of meeting system needs. These programs are expected to be available to eligible electricity consumers beginning in spring 2023.
See the Save on Energy website for more details.