Skip to content

Stakeholder Engagements

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. Stakeholders are encouraged to participate in the engagements in support of MRP.

IN THIS SECTION... Market Renewal Program Update Meetings Energy Detailed Design Single Schedule Market (SSM) Day-Ahead Market (DAM) Enhanced Real-Time Unit Commitment (ERUC) Completed Market Renewal Engagements

Completed Market Renewal Engagements

Since stakeholder engagement on market renewal began in 2016, there have been a number of engagements established to address specific design topics. The following list of completed engagements is retained for background and reference.

Engagement	Summary	Completed Date
Market Renewal - Incremental Capacity Auction	The Incremental Capacity Auction engagement was initiated to develop an enduring market-based mechanism that will secure the capacity needed to ensure Ontario’s resource adequacy needs are met cost effectively.	December 16, 2019
Market Renewal Working Group	The Market Renewal Working Group (MRWG) was formed as a representative stakeholder forum to guide and advise the IESO on strategic, policy and design decisions set out in the market renewal program (MRP). The Non-Emitting Resources Subcommittee was established by the MRWG to help better understand the impacts of MRP on this resource group.	February 28, 2019
Market Renewal - Capacity Exports	Through this engagement, the IESO investigated the potential to allow Ontario generators to export their capacity to other jurisdictions. Stakeholders were invited to provide input into the process to establish the rules and protocols that would enable opportunities for market participants with generating capacity not required for Ontario’s reliability requirements to earn revenue by exporting this capacity.	December 5, 2018
Market Renewal - Enabling System Flexibility	The IESO identified an emerging need for the ability to schedule resources capable of responding within a short time frame in order to manage forecast uncertainty in the real-time energy market. The IESO engaged stakeholders to explore a range of potential solutions for enhanced flexibility in the electricity system.	May 1, 2018
Market Renewal Engagement	Beginning in 2016, the IESO held a series of consultations with stakeholders on the rationale, scope and set of initiatives which should be included under the program and developed the Market Renewal Engagement framework. During this time, the IESO also worked with stakeholders and its consultant on the development of a benefits case for market renewal (completed in April, 2017). Since that time, stakeholder consultations on Market Renewal have evolved and take place within engagements focused on specific initiatives.	September 2017