Resource Acquisition
The annual Capacity Auction is one of the competitive procurement mechanisms included in the IESO’s Resource Adequacy Framework. The Capacity Auction serves as the short term balancing mechanism in the framework, securing the capacity needed to meet Ontario’s short-term resource adequacy needs. The Capacity Auction enables participation from a diverse range of resources that compete to be available for defined obligation periods.
As enhancements are introduced over time, the Capacity Auction is expected to attract a broader mix of resources, enabling the IESO to further increase competition, and incent greater resource reliability and market performance. To support these enhancements and ensure they are informed by stakeholder feedback, this webpage is dedicated to the engagement activity related to each phase of enhancements introduced to the IESO Capacity Auction.
The IESO encourages any stakeholder interested in the Capacity Auction to remain informed and active on this engagement. To be added to the distribution list for communications related to this engagement, or to submit comments and enquiries, please email engagement@ieso.ca.
Final Engagement Summary Report: Hourly Demand Response C&I Baseline Methodology Review
Resource Adequacy (this page contains previous Capacity Auction meeting information and details)
Memo 1.1 – Capacity Qualification (Non-HDR)
Memo 3.1 – Charges and True ups
Memo 4.0 – HDR Standby Trigger Review
Memo 5.2 – HDR Capacity Qualification
Memo 6.3 – Performance Thresholds
Memo 6.2 – HDR Contributor Outages
Memo 7.1 – Demand Curve Review
Memo 10.1 – Performance Adjustment Factor
Illustrative Examples - HDR Availability De-rate with In-period Adjustment Threshold - Revised
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Date |
Materials |
Expected Action |
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April 4, 2024 |
Feedback due following the March 21 webinar. Feedback Received: |
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March 21, 2024 |
Engagement Webinar Continue discussions with Capacity Auction participants and stakeholders regarding prioritizing future enhancements, 2023 Capacity Auction Results, administrative updates to Market Manuals. |
This webinar was being presented during the IESO's March stakeholder engagement sessions, see full agenda for more information. |
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December 8, 2023 |
Following the November 22 engagement webinar, the IESO is seeking feedback on performance results and key observations from the summer activations, and the technical session discussion. Feedback Received; January 15, 2024: IESO Response to Stakeholder Feedback |
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November 22, 2023 |
Engagement Webinar Continue discussions with Capacity Auction participants and stakeholders on the details, benefits and objectives of future enhancements. |
This webinar was presented during the IESO's November stakeholder engagement sessions, see full agenda for more information. |
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October 10, 2023 |
Following the September 20th engagement webinar, the IESO is seeking feedback from participants on a draft objective statement, lessons learned from the previous Capacity Auction Enhancements engagement, and recent stakeholder enhancement suggestions. Feedback Received: November 20, 2023: IESO Response to Stakeholder Feedback |
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September 20, 2023 |
Engagement Webinar The IESO will discuss the objectives for engaging with stakeholders on future Capacity Auction Enhancements with an opportunity for participants to provide feedback. The discussion will also focus on key lessons learned from the 2023 Capacity Auction Enhancements, and information will be provided on scoping criteria, timelines and decision-making considerations for future enhancements. |
This webinar was presented during the IESO's September stakeholder engagement sessions, see full agenda for more information. |
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August 1, 2023 |
Stakeholder Input Capacity Auction Enhancements |
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June 8, 2023 |
Following the May 25th engagement webinar, the IESO is seeking feedback from participants on the items discussed during the webinar, including the Stream 2: Draft Market Rules and Market Manual Amendments. No feedback received |
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May 25, 2023 |
Engagement Meeting The IESO will present Stream 2 draft market rules and manuals and review feedback received since the April engagement session. Other update items will include a review of timelines and next steps for the 2023 Capacity Auction Enhancements. Draft Market Manuals
Draft Market Rule Amendment |
This webinar was presented during the IESO's May stakeholder engagement sessions, see full agenda for more information. |
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Engagement Meeting The IESO will review feedback on the Stream 1 draft Market Rule and Market Manual amendments and present the final design of a Performance Adjustment Factor in capacity qualification. Additional items will include administrative updates and details on implementation steps for Steams 1 and 2 of the 2023 Capacity Auction Enhancements. Feedback Received: May 18, 2023: IESO Response to Stakeholder Feedback |
This webinar was presented during the IESO's April stakeholder engagement sessions, see full agenda for more information. |
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April 13, 2023 |
Following the March 30th engagement webinar, the IESO is seeking feedback from participants on the items discussed during the webinar, including the proposed amendments to the Market Rules/Market Manuals, Performance Adjustment Factor and Administrative Updates. April 25, 2023: IESO Response to Stakeholder Feedback |
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Engagement Meeting The IESO will present and seek feedback on draft market rule and manual amendments for the completed design enhancements included in Stream 1. Additional discussion topics will include; review of feedback received following the February 22, session, finalize modifications to the design of a Performance Adjustment Factor applied in capacity qualification, and administrative updates for the 2023 Capacity Auction.
Draft Market Manuals
Draft Market Rule Amendment |
This webinar was presented during the IESO's March stakeholder engagement sessions, see full agenda for more information. |
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March 8, 2023 |
Following the February 22 webinar, the IESO is seeking feedback from participants on the updates to the implementation timelines for the Performance Adjustment Factor (PAF) design. Feedback Received: March 28, 2023: IESO Response to Stakeholder Feedback |
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February 22, 2023 |
Engagement Webinar This session will continue discussion on the design of a Performance Adjustment Factor to be used in the capacity qualification process for all eligible Capacity Auction resources. Engagement will also begin on administrative updates for the 2023 Capacity Auction. A status update on the two stream engagement and implementation timeline presented in the January 2023 engagement session will be provided. |
This webinar was presented during the IESO's February stakeholder engagement sessions, see full agenda for more information. |
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February 10, 2023 |
Stakeholder feedback due on the information presented at the January 26th Capacity Auction Enhancements webinar. Stakeholder Feedback March 17, 2023: IESO Response to Stakeholder Feedback |
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January 26, 2023 |
Engagement Webinar The IESO will provide design memos to conclude the design phase of the Capacity Auction enhancements engagement and transition to the draft market rule and manual phase of the final design for the 2023 enhancements. IESO response to feedback received from the November 2022 session and an update on the Forward Capacity Auction will also be discussed during this session.
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This webinar was presented during the IESO's January stakeholder engagement sessions, see full agenda for more information. |
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December 12, 2022 |
Stakeholder feedback due on the information presented at the November 22nd Capacity Auction Enhancements webinar. Feedback received: January 24, 2023: IESO Response to Stakeholder Feedback |
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December 9, 2022 |
Illustrative Examples on In-period Adjustment Proposal to determine HDR Availability De-rate |
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November 22, 2022 |
Capacity Auction Enhancements - General and Technical Session meeting The IESO will review stakeholder feedback on the design memos for the following design topics: demand curve review, alternative to an HDR availability de-rate in qualification, and forced contributor outage proposal related to performance thresholds. The design memos will include the IESO’s recommended proposal for each item. |
This webinar was presented during the IESO's November stakeholder engagement sessions, see full agenda for more information. |
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November 4, 2022 |
Stakeholder feedback due on the information presented at the October 25th Capacity Auction Enhancements webinars. December 16, 2022: IESO Response to Stakeholder Feedback |
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October 25, 2022 |
Capacity Auction Enhancements - Technical Session meeting This meeting will be hosted in-person. Please indicate if you are able to attend or require a virtual link to participate within the registration link/form. The Technical Session will provide an opportunity for a more detailed discussion on the Demand Curve Review and Standby Availability Charge. |
This webinar was presented during the IESO's October stakeholder engagement sessions, see full agenda for more information. |
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October 25, 2022 |
Capacity Auction Enhancements - General Session meeting This meeting will be hosted in-person. Please indicate if you are able to attend or require a virtual link to participate within the registration link/form. The General Session will include the following topics: Response to stakeholder feedback; Status update on CA engagement topics and a Review Market Rule/Manual Batch #1. Draft Proposed Market Rule Amendment Draft Market Manuals |
This webinar was presented during the IESO's October stakeholder engagement sessions, see full agenda for more information. |
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October 7, 2022 |
Stakeholder feedback due on the information presented at the September 21st and 22nd Capacity Auction Enhancements webinars. Feedback Received: November 2, 2022: IESO Response to Stakeholder Feedback |
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September 22, 2022 |
Capacity Auction Enhancements - Technical Session webinar The Capacity Auction Enhancements Technical Session will focus on the following three topics: Discussion of options for charge as an alternative to an availability de-rate; Contributor outages proposal; and, Hourly Demand Response Standby Trigger Review. |
This webinar was presented during the IESO's September stakeholder engagement sessions, see full agenda for more information. |
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September 21, 2022 |
Capacity Auction Enhancements - General Session webinar As part of September’s Capacity Auction Enhancements General and Technical engagement sessions, the IESO will: provide a response to stakeholder feedback from the July and August engagement sessions, continue discussion with stakeholders on the design of a settlement charge for HDR resources to be used in lieu of an availability de-rate in qualification, provide an update on the Hourly Demand Response standby trigger review, and present further details on a proposal to address large contributor forced outages in performance assessment. An updated timeline and future engagement topics will also be provided. |
This webinar was presented during the IESO's September stakeholder engagement sessions, see full agenda for more information. |
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September 9, 2022 |
Feedback Due Stakeholder feedback due on the information presented at the August 25th and 26th Capacity Auction Enhancements webinars. Feedback Received: October 6, 2022: IESO Response to Stakeholder Feedback |
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August 26, 2022 |
Technical Session: Capacity Auction Enhancements An opportunity for the IESO and interested stakeholders who have reviewed the materials for this session in advance to have a more detailed discussion on the following topic areas of the 2023 Capacity Auction Enhancements: |
This webinar was presented during the IESO's August stakeholder engagement sessions, see full agenda for more information. |
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August 25, 2022 |
Capacity Auction 2023 Enhancements |
This webinar was presented during the IESO's August stakeholder engagement sessions, see full agenda for more information. |
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July 21, 2022 |
Capacity Auction Information Update and Q&A |
