Capacity Sharing Agreement Memorandum of Understanding Posted
October 5, 2023
The IESO has posted the Memorandum of Understanding (MOU) with Hydro Québec announced in August for a Capacity Sharing Agreement. The proposed agreement would see a straight swap of a minimum of 600 MW of capacity per season, without the standard capacity costs charged for ensuring supply will be available. This would secure a portion of that energy that is already regularly imported on a daily basis, guaranteeing that a minimum 600 MW of supply will be available when needed most.