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Market Renewal

Market Renewal

The Market Renewal Program (MRP) is introducing fundamental reforms to the province’s electricity markets to improve how we supply, schedule and price electricity to meet Ontario’s future needs at the lowest cost.

News and Updates: 

Read June Market Renewal Newsletter
June 4, 2020

Read the newest detailed design documents.
May 11, 2020

Sign up for regular updates about the Market Renewal Program
April 30, 2020

 

News and Updates>

Upcoming Events

    

MRP Update at June Stakeholder Engagement Day
June 26, 2020

 

Feedback due: Market Power Mitigation, Offers, Bids and Data Inputs and Grid and Market Operation Integration
July 24, 2020

 

                                                                    Events Calendar >

Overview

The program initiatives – the single schedule market (SSM)day-ahead market (DAM) and enhanced real-time unit commitment (ERUC) – will make improvements to the current market design, leading to system efficiencies, lower costs for consumers and new opportunities for market participants. MRP will help create a stable and efficient marketplace that produces value for consumers by encouraging competition and innovation.

Market Renewal Key Milestones

Market Renewal Timeline

New video explains the Market Renewal Program

Check out the new video - An Introduction to Market Renewal – and learn about the changes we are making to Ontario’s electricity markets, including how we schedule and price electricity.