2024 Capacity Auction Pre-Auction Report Now Available
August 8, 2024
The 2024 Capacity Auction Pre-Auction Report with updated parameters, such as the Reference Price, auction targets and zonal limits has been published on the IESO Reports website.
This year’s Capacity Auction targets have been increased to a summer target capacity of 1,600 MW and a winter target capacity of 1,000 MW. The Capacity Auction is expected to continue to grow to secure a portion of Ontario's resource adequacy needs on an annual basis.
On August 29, the Capacity Qualification Request submission window will open. Capacity suppliers interested in participating in the 2024 Capacity Auction should begin the market registration process as soon as possible.
Information about how to complete major participation milestones can be found in the Capacity Auction Timelines document and Capacity Auction: Online IESO Step-by-Step Guide.
For more information about the Capacity Auction, please visit the IESO's website.