The Ontario Independent Electricity System Operator (IESO) recently began a major stakeholdering process aimed at renewing Ontario’s wholesale electricity market design. If implemented, the changes under consideration would seem to suggest a real commitment to the use of market-based mechanisms to govern the production and consumption of electricity in the future.
This Insights makes initial observations on:
• The central objective for having a market;
• The types of efficiencies achievable;
• The most promising actions; and
• Principles to guide market changes.
To read more, click the link below.
CRA Sessions | Electricity planning: Shifting from peak demand to peak stress
CRA’s Jim McMahon and Oliver Stover discuss the evolving challenges of resource adequacy in today’s energy landscape.