Instructor-Led Courses

Introduction to Ontario's Physical Markets

This one-day workshop provides a basic explanation of Ontario's physical markets.

Target audience: Those new to Ontario's competitive wholesale electricity market.

Date: TBD

Location: MS Teams participation only

Fee: $350 + applicable taxes per person

Refunds are available up to 1 day before event.

Course details

 Topics covered:

  • What is the Electricity Market?
  • Who can participate in the market and who must?    
  • How and when are prices determined?
  • Which prices apply to which participants?
  • What is congestion and how does it impact the marketplace?
  • How are congestion management settlement credits calculated?
  • How does Ontario's IESO determine who supplies energy and operating reserve in real-time?
  • What is the Day-Ahead Commitment Process?
  • How do imports and exports fit in?
  • How are import/export prices determined? How are they impacted by Ontario prices?
  • How can importers and exporters be involved in the Day-Ahead Commitment Process?
  • What is Operating Reserve?
  • What is the Capacity auction?

Settlements/Commercial Reconciliation

This half-day course includes both a presentation and a hands-on workshop.

Target audience: Those who work with settlement statements and invoices.

Dates: TBD

Location: MS Teams participation only

Fee: $150 + applicable taxes per person

Refunds are available up to 1 day before event.

Course details

Topics covered:

  • How do I retrieve settlement statements and invoices?
  • What can I do when a settlement statement is incorrect?
  • How will I know when changes have been made as a result of a successful Notice of Disagreement?
  • How can I reconcile daily statements with a monthly invoice?
  • What detailed data is available for use in verifying my statements?

Capacity Auction Training

This half day (Full Workshop) workshop will cover participating in the IESO Capacity Auction. There are two training webinars this year. The first webinar will focus on this year’s capacity auction enhancements while the second webinar will provide an end-to-end walkthrough of the capacity auction processes. Specific topics include: Pre Auction steps, Post Auction steps, Forward Period, Commitment Period and Settlement.

Target audience: People who are intending on participating in the Capacity Auction.

  • Enhancements Workshop - Existing Participants
  • Full Workshop - New Capacity Auction Participants

Dates:

  • Session #1: Enhancements Workshop
  • Session #2: Full Workshop

Location: MS Teams

Fee: Free

Registration:

  • Session #1: Enhancements Workshop
  • Session #2: Full Workshop
Course details

Topics covered:

Enhancements Workshop (for existing participants)

  • Authorization and registration requirements for participating in the Capacity Auction
  • Submitting offers into the auction
  • The requirements in order to fulfill your capacity obligation
  • Energy market participation requirements and settlement impacts

Full Workshop (for new participants)

  • Authorization and registration requirements for participating in the Capacity Auction
  • Submitting offers into the auction
  • The requirements in order to fulfill your capacity obligation
  • Energy market participation requirements and settlement impacts

Interjurisdictional Energy Trading

This half-day workshop will cover trading in the IESO markets. Specific topics include: IESO market overview, NISL, intertie pricing, transaction timelines and Transmission Rights.  

Target audience: People who are trading energy into, out of or through Ontario.

Date: TBD

Location: Webex Participation only

Fee: $150 + applicable taxes per person

Refunds are available up to 1 day before event.

Course details

Topics covered:

  • In which markets can importers and exporters participate?
  • How are import/export prices determined? How are they impacted by Ontario prices?
  • What are the timelines for scheduling imports and exports?
  • How do Net Interchange Schedule Limits affect transactions?
  • How do congestion management settlement credits apply to imports and exports?
  • What is an Intertie Offer Guarantee; how is it calculated?
  • What about tax treatment for imports and exports?
  • What is a Transmission Right (TR)?
  • What are the requirements to participate in the TR market?
  • How are payments to TR holders determined?
  • How does the TR auction process work?
  • How importers and exporters can be involved in the Day-Ahead Commitment Process?
  • How are imports and exports settled?