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Future Clean Electricity Fund

Sector Evolution

In March 2023, the Minister of Energy announced the launch of Ontario’s Clean Energy Credit Registry. Proceeds from the sale of Clean Energy Credits held by the IESO and OPG will be directed to the government’s Future Clean Electricity Fund. In response to the Ministry of Energy's "Powering Ontario’s Growth" initiative, the IESO was tasked with developing insights and recommendations for a Future Clean Electricity Fund (FCEF). The goals of the FCEF, include relieving the financial burden on electricity ratepayers, empowering Indigenous communities to actively participate in clean energy development, and addressing barriers to resource development.

Our engagement sessions are a collaborative effort to gather your insights. We aim to clarify key issues, strategize effective engagement, and ensure that your views shape the FCEF. Our approach is guided by principles that include alignment with priority areas identified in "Powering Ontario’s Growth," synergy with IESO resource plans, robust engagement with project developers, and a commitment to transparency and openness.

The engagement process will commence with targeted outreach in September 2023, leading to focused discussions in October, 2023. Our engagement will encompass a diverse group of stakeholders, including local distribution company, developers, transmitters, large industry electricity consumers, municipalities, and Indigenous communities. To stay informed and contribute your thoughts, please reach out to IESO engagement: engagement@ieso.ca

Schedule of Activities

Timing

Engagement Activity

Expected Actions

December 31, 2023

Submission of report to the Ministry of Energy

 

November 3, 2023

Feedback due on the materials presented at the October 20th session for Large Load Customers

Feedback Received:

 

October 30, 2023

Feedback due on the materials presented at the October 16th session for Distributors/Transmitters

Feedback Received:

 

October 27, 2023

Feedback due on the materials presented at the October 13th session for Generators

Feedback Received:

 

October 20, 2023

1 p.m. - 2 p.m.

Engagement Webinar – Large Load Customers

Recorded Presentation

October 16, 2023

10 a.m. - 11 a.m.

Engagement Webinar – Distributors/Transmitters

Recorded Presentation

October 13, 2023

11 a.m. - 12 p.m.

Engagement Webinar – Generators

Recorded Presentation

September 18, 2023

Launch of Engagement