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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: 

Three more detailed design documents are now posted.

 

Sign up for regular updates about the Market Renewal Program

April 30, 2020

 

 

 

 

News and Updates>

Upcoming Events

    

MRP Update at Stakeholder Engagement Day
May 21, 2020

Feedback due: Publishing and Reporting Market Information
May 21, 2020

Feedback due: Market Power Mitigation, Offers, Bids and Data Inputs and Grid and Market Operation Integration
July 31, 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.