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: Fall 2023
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?
Settlements/Commercial 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:
Session One: March 22, 2023
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Session Two: March 29, 2023
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Session Three: April 4, 2023
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Session Four: April 12, 2023
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Location: MS Teams participation only
Fee: Free
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 participating in the IESO Capacity Auction. Specific topics include: Pre Auction steps, Post Auction steps, Forward Period, Commitment Period and Settlement.
Target audience: People who are intending on Participating in the Capacity Auction.
Dates: tbd
Location: MS Teams
Fee: Free
Topics covered:
- Authorization and registration requirements for participating in the Capacity Auction
- Submitting offers into the auction
- The requirements in order to fulfill your capacity obligation
- Energy market participation requirements and settlement impacts
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
Refunds are available up to 1 day before event.
Topics covered:
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In which markets can importers and exporters participate?
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How are import/export prices determined? How are they impacted by Ontario prices?
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What are the timelines for scheduling imports and exports?
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How do Net Interchange Schedule Limits affect transactions?
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How do congestion management settlement credits apply to imports and exports?
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What is an Intertie Offer Guarantee; how is it calculated?
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What about tax treatment for imports and exports?
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What is a Transmission Right (TR)?
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What are the requirements to participate in the TR market?
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How are payments to TR holders determined?
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How does the TR auction process work?
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How importers and exporters can be involved in the Day-Ahead Commitment Process?
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How are imports and exports settled?