Long-Term 2 RFP
Ontario’s electricity sector today is seeing growing demand, an evolving supply mix and a drive toward grid decarbonization. Combined, these factors are spurring the IESO’s ongoing large-scale resource acquisition effort to ensure sufficient supply will be available into the 2030s and beyond.
While recent procurements have focused on capacity, which seeks forms of supply that are capable of meeting demand specifically during system peak hours, there is also a need for actual energy output during periods throughout the year. Over the next 4-6 years, the IESO expects to run a regular cadence of procurements. The first of these procurements, the second long-term RFP (LT2), will look for about 2,000 MW of energy-producing resources.
LT2 RFP Updates
Engagement for the LT2 RFP will begin on December 13, 2023. For further information about upcoming engagement sessions, please visit the Long-Term stakeholder engagement web page.
Any general enquiries regarding the LT2 RFP can be sent to LT2.RFP@ieso.ca.
The Long-Term 2 request for proposals ("LT2 RFP") and the statements and information contained therein, are based on the proposed design as of the date of posting and remain subject to amendment following the process set out in the LT2 RFP. Nothing in the LT2 RFP, or the posting thereof, obligates the IESO to continue or conduct the procurement process contemplated herein, or any other procurement process. Nothing in the posted LT2 RFP or contract constitutes, nor shall it be construed to constitute, an agreement, guarantee, representation, or warranty, express or implied, on behalf of the IESO. The IESO provides no such agreement, guarantee, representation, or warranty and disclaims any and all liability associated therewith. In the event there is any conflict or inconsistency between the LT2 RFP or contract, and the IESO market rules, any legislation or regulation, the terms in the market rules, legislation, or regulation as applicable, govern.