Instructor-Led Courses
Introduction to Ontario's Electricity Markets
Date & Registration:
- Tuesday, November 3rd from 9 a.m. – 3 p.m. Registration
- Tuesday, November 10th from 9 a.m. - 3 p.m. Registration
- Thursday, November 12th from 9 a.m. - 3 p.m. Registration
Fee: $350 + applicable taxes + applicable fees per person
Refunds are available up to 1 day before event.
Course details
Topics covered:
- What is the Electricity Market?
- Who can participate in the market and who must?
- How and when are prices determined?
- Which prices apply to which participants?
- How does Ontario's IESO determine who supplies energy and operating reserve in real-time?
- What are the Day-Ahead and Real-Time Markets?
- How do imports and exports fit in?
- How are import/export prices determined? How are they impacted by Ontario prices?
- How can importers and exporters be involved in the Day-Ahead Market?
- What is Operating Reserve?
- What is the Capacity auction?
Settling Ontario’s Electricity Markets
Date & Registration:
- Thursday, November 5th, from 9 a.m. to noon. Registration
- Wednesday, December 2nd from 9 a.m. to noon. Registration
Fee: $150 + applicable taxes + applicable fees per person
Refunds are available up to 1 day before event.
Course details
Topics covered:
- Overview of the IESO settlement process, including the use of Settlement References to trace charges, credits, market transactions, and supporting settlement data.
- Retrieving and interpreting settlement statements and invoices
- Identifying and understanding settlement adjustments and corrections
- Understanding the Notice of Disagreement (NOD) process, requirements, and timelines
- Reconciling daily settlement statements against monthly invoices
Trading in Ontario’s Electricity Markets
Date & Registration: Thursday, December 3rd, from 9 a.m. to noon. Registration
Location: MS Teams participation only
Fee: $150 + applicable taxes + applicable fees per person
Refunds are available up to 1 day before event.
Course details
Topics covered:
- In which markets can importers and exporters participate?
- How are import/export prices determined? How are they impacted by Ontario prices?
- What are the timelines for scheduling imports and exports?
- How do Net Interchange Schedule Limits affect transactions?
- What is an Intertie Offer Guarantee; how is it calculated?
- How are imports and exports settled?
- What is a Transmission Right (TR)?
- What are the requirements to participate in the TR market?
- How are payments to TR holders determined?
- How does the TR auction process work?
- Introduction to Virtual Trading