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.
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?
Settlement Process and Invoice 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.
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 workshop will cover the Capacity Auction in the IESO markets. Specific topics include Pre-Auction, Auction, Forward, Commitment Periods.
Target audience: People who wish to participate in the Capacity Auction
Date: TBD
Location: Webex Participation only
Fee: Free
eLearning courses available through the IESO Academy.
Capacity Auction Training: Pre-Auction and Auction Period eLearning Module
Topics covered:
- Capacity Auction Overview
- Pre-Auction Period
- Auction Qualification
- Auction Period
Topics covered:
- Overview Forward Period Commitment Period
- General Commitment Period
- Generators Commitment Period
- Storage Commitment Period
- Imports Commitment Period
- DL's and HDR's Commitment Period
- Testing of Capacity Auction Resources
- Capacity Test
- In Period Cleared UCAP Adjustment for HDR Resources Dispatch Test
- Settlement
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.
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?