Review of Generation Guarantee Programs

The IESO is conducting a review of its generation guarantee programs including elements of the Real-Time Generation Cost Guarantee (RT-GCG) and Day-Ahead Production Cost Guarantee (DA-PCG). The review will consider the effectiveness of aspects of these guarantee programs from a cost, as well as an operational effectiveness and economic efficiency perspective.

The goal of this stakeholder engagement initiative is to gather feedback from stakeholders on the approach of this review, as well as the recommendations and implementation of any changes identified through the review.

This initiative is likely to be of interest to all wholesale market participants and stakeholder groups. Generators and traders will have an interest given the direct impact the cost guarantees may have on their day-to-day operations. Consumers will also have an interest as they pay for the program costs.

This Stakeholder Engagement Plan has been developed to define the opportunity for stakeholder involvement.

Stakeholder Engagement Plan (Draft)

Stakeholder Engagement Plan (Draft, June 24, 2013)

Stakeholder Engagement Plan (Final)

Schedule of Activities

Date
Agenda
Minutes

Activities

Expected Actions

January 2017

Engagement completed

 

 November 24, 2016

 Update: Limiting CMSC for generators ramping down

 

September 6, 2016

SE-111 Update

 

June 30, 2016

Update - Ramp Down CSMC

 

May 19, 2016

Update - Review of Generation Guarantee Programs (SE-111)

 

October 9, 2015

Update – Review of Generation Guarantee Programs

 

August 21, 2015

Update – Review of Generation Guarantee Programs

 

April 29, 2015

 

February 23, 2015

 

February 5, 2015

Stakeholders to provide written feedback on the material presented at Stakeholder Session 6

Stakeholder Feedback

 

January 22, 2015

Minutes

Stakeholder Session #6 – Webinar to review and respond to the feedback from the November 27th meeting and to present a revised proposed solution to address the issue of self-induced CSMC during ramp down.

 

December 12, 2014

Stakeholders to provide written feedback on the material presented at Stakeholder Session 5

Stakeholder Feedback

 

November 27, 2014

Minutes (Draft)

Stakeholder Session #5 – Webinar to review and respond to the feedback submitted by stakeholders on the proposed options to address the issue of self-induced CMSC during ramp-down

 

October 10, 2014

Stakeholders to provide written feedback on the material presented at Stakeholder Session 4

Stakeholder Feedback

 

September 26, 2014

Agenda

Minutes

 

Stakeholder Session #4 - to discuss final recommendations

Dialogue - presentation to stakeholders

March 31, 2014

Agenda

Minutes

Stakeholder Session #3 - to discuss further analysis findings and preliminary recommendations               

Dialogue - presentation to stakeholders

January 17, 2104

IESO Response to Stakeholder Feedback            

 

November 21, 2013

Stakeholders to provide written feedback on the material presented at Stakeholder Session 2

Stakeholder Feedback

Feedback due from Stakeholders

November 7, 2013

Agenda

Minutes

Stakeholder Session #2 - to discuss findings of materiality analysis, possible solutions and proposed 'benefits' analysis               

Dialogue - presentation to stakeholders

Q3/Q4

IESO Analysis

 

August 22, 2013

 

August 8, 2013

Stakeholder Feedback

Stakeholders to provide written feedback

July 18, 2013

Agenda

Minutes

Stakeholder Session #1 - to discuss comments, IESO responses and proposed materiality analysis

Dialogue - presentation to stakeholders

July 11, 2013

IESO Response to Stakeholder Feedback - revised

 

June 27, 2013

Deadline for feedback from stakeholders on Stakeholder Engagement Plan and Discussion Paper in writing or through
On-Line Survey

Stakeholder Feedback

Feedback due from Stakeholders

June 7, 2013

Stakeholders to advise if further clarification is required on Stakeholder Engagement Plan and Discussion Paper through an information webinar

Stakeholders to submit questions for clarification

May 30, 2013

Post and communicate Stakeholder Engagement Plan               

  • Online Survey

Stakeholders to provide feedback in writing or through available survey


Related Information

Real-time Generation Cost Guarantee

Quick Takes - Real Time Generation Cost Guarantee

Market Manual 5.5: Physical Markets Settlement Statements (section 1.6.4)

Day Ahead Commitment Process

Market Manual 9.5: Settlement for the Day-Ahead Commitment Process

Guide to the Day-Ahead Commitment Process (DACP)