The Market Renewal Program (MRP) is modernizing Ontario's electricity markets to address inefficiencies and will be a building block to embrace the continued transition to new and diverse resources.
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The program initiatives – the single schedule market (SSM), day-ahead market (DAM) andenhanced real-time unit commitment (ERUC) – will make improvements to the current market design, leading to system efficiencies and support the grid of the future. This project will deliver significant value to the system and Ontario consumers – an expected $700 million in benefits in the first 10 years alone.
Check out the video – An Introduction to Market Renewal – and learn about the changes we are making to Ontario’s electricity markets, including how we schedule and price electricity.
Stakeholder Engagement
