IESO launches critical consultation on capacity
- Apr 24, 2019 10:28 pm GMT
The Ontario IESO (Independent Electricity System Operator) recently launched a consultation process on how to meet the province’s anticipated capacity requirements for power over the next 5 years. A key part of the Market Renewal Program, this consultation process will examine the proposed Transitional Capacity Auction (TCA). The IESO expects that the Incremental Capacity Auction (ICA) will run at the end of 2022 to serve a capacity need in 2025 and could well meet much of the capacity requirements from that date onward. However, this consultation focuses on the period from 2020 to 2024. During that time, the TCA may provide some experience with auction management that could be valuable in developing the ICA. Some market participants, including many members of APPrO, have doubts about whether the ICA as presently conceived is likely to achieve the high expectations set out for it. “I don’t think anyone can say if it will be the most efficient or effective way to meet capacity requirements,” said one observer.
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.