2024 Capacity Auction Pre-Auction Report
August 1, 2024
The 2024 Capacity Auction pre-auction period is underway. Each year, the IESO releases the Capacity Auction Pre-Auction Report via the IESO Reports site for interested participants and stakeholders to find key parameters pertaining to the upcoming Capacity Auction. This year’s 2024 Capacity Auction Pre-Auction Report, to be released on August 8, will include a summer target capacity of 1,600 MW and a winter target capacity of 1,000 MW.
In addition to creating a new revenue stream for businesses, the auction enables participants to contribute to the reliability, affordability and sustainability of Ontario’s power system. Capacity suppliers interested in participating in the IESO’s 2024 Capacity Auction should begin the market registration process as soon as possible in preparation for the opening of the Capacity Qualification Request submission window on August 29.
For more information on how to participate in the Capacity Auction, please visit the Capacity Auction webpage or contact capacity.auction@ieso.ca.