2021 Transmission Rights Auction Schedule
|
Auction Name |
TR Ownership Period |
Pre-auction Publication |
TR Deposits Due |
TR Bid Window |
Invoice Date |
Payment Due Date |
|
ST_20210201 |
Feb 1 to 28, 2021 |
December 11, 2020 |
January 5, 2021 |
January 12/13, 2021 |
January 25, 2021 |
January 27, 2021 |
|
ST_20210301 |
Mar 1 to 31, 2021 |
January 4, 2021 |
January 27, 2021 |
February 3/4, 2021 |
February 16, 2021 |
February 18, 2021 |
|
LT_20210401 |
Apr 1, 2021 to Mar 31, 2022 |
January 8, 2021 |
Round 1 - February 1, 2021 Round 2 - February 4, 2021 |
Round 1 - February 8/9, 2021 Round 2 - February 11/12, 2021 |
February 23, 2021 |
February 25, 2021 |
|
ST_20210401 |
Apr 1 to 30, 2021 |
February 5, 2021 |
March 2, 2021 |
March 9/10, 2021 |
March 22, 2021 |
March 24, 2021 |
|
ST_20210501 |
May 1 to 31, 2021 |
March 5, 2021 |
March 26, 2021 |
April 6/7, 2021 |
April 19, 2021 |
April 21, 2021 |
|
LT_20210701 |
Jul 1, 2021 to Jun 30, 2022 |
March 26, 2021 |
Round 1 - April 19, 2021 Round 2 - April 22, 2021 |
Round 1 - April 26/27, 2021 Round 2 - April 29/30, 2021 |
May 10, 2021 |
May 12, 2021 |
|
ST_20210601 |
Jun 1 to 30, 2021 |
April 1, 2021 |
April 27, 2021 |
May 4/5, 2021 |
May 17, 2021 |
May 19, 2021 |
|
ST_20210701 |
Jul 1 to 31, 2021 |
May 7, 2021 |
June 1, 2021 |
June 8/9, 2021 |
June 21, 2021 |
June 23, 2021 |
|
ST_20210801 |
Aug 1 to 31, 2021 |
June 7, 2021 |
June 29, 2021 |
July 7/8, 2021 |
July 19, 2021 |
July 21, 2021 |
|
ST_20210901 |
Sep 1 to 30, 2021 |
July 9, 2021 |
July 30, 2021 |
August 9/10, 2021 |
August 23, 2021 |
August 25, 2021 |
|
LT_20211001 |
Oct 1, 2021 to Sep 30, 2022 |
July 16, 2021 |
Round 1 - August 9, 2021 Round 2 - August 12, 2021 |
Round 1 - August 16/17, 2021 Round 2 - August 19/20, 2021 |
August 30, 2021 |
September 1, 2021 |
|
ST_20211001 |
Oct 1 to 31, 2021 |
August 10, 2021 |
September 1, 2021 |
September 9/10, 2021 |
September 20, 2021 |
September 22, 2021 |
|
ST_20211101 |
Nov 1 to 30, 2021 |
September 3, 2021 |
September 27, 2021 |
October 4/5, 2021 |
October 19, 2021 |
October 21, 2021 |
|
LT_20220101 |
Jan 1, 2022 to Dec 31, 2022 |
October 1, 2021 |
Round 1 – October 25, 2021 Round 2 – October 28, 2021 |
Round 1 - November 1/2, 2021 Round 2 - November 4/5, 2021 |
November 16, 2021 |
November 18, 2021 |
|
ST_20211201 |
Dec 1 to 31, 2021 |
October 8, 2021 |
November 2, 2021 |
November 9/10, 2021 |
November 22, 2021 |
November 24, 2021 |
|
ST_20220101 |
Jan 1 to 31, 2022 |
November 5, 2021 |
November 29, 2021 |
December 6/7, 2021 |
December 20, 2021 |
December 22, 2021 |
Preliminary Settlement Statement - 2 business days after trading day
Time to file a Notice of Disagreement - 2 business days after preliminary settlement statement is issued
Final Settlement Statement - 6 business days after trading day
Billing Period - Trading week (Sunday to Saturday)
Invoice - 6 business days after the end of the trading week (a Monday unless there is a holiday in the week)
Payment - Payments to IESO within 2 business days of invoice issue
The Pre Auction Publication date represents the market rule requirement for the publishing of the Transmission Rights Market Pre Auction reports. Actual publishing may occur earlier.
The TR Bid Window normally opens at 09:00 EST of the first day and closes at 17:00 EST of the second day.
The maximum number of transmission rights that can be allocated in each auction is determined by the process described in Market Manual 4.4.
Transmission Rights Auction Settlement information can be found in the Financial Market Settlement Schedule and Payment Calendar.
The following table summarizes key activities and dates associated with the Transmission Rights (TR) Market in the calendar year 2021.
While it is the IESO’s intention to have the TR Auction activities occur on the dates proposed, the Market Rules allow for the TR Auction to occur anywhere within a specified period of time.
Should invoice payments not be received by the payment due date, the Transmission Rights shall not be issued to the TR bidder, and additional penalties shall be applied as outlined in Market Rules, Chapter 8, Section 4.20