Instructor-Led Courses

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.

Date: TBD

Location: MS Teams

Fee: Free

Course details

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: Spring 2022

Location: Webex Participation only

Fee: $150 + applicable taxes

Refunds are available up to 1 day before event.

Course details

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?

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: Spring 2022

Location: Webex Participation only

Fee: $350 + applicable taxes

Refunds are available up to 1 day before event.

Course details

 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 demand response 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.

Date: Spring 2022

Location: Webex Participation only

Fee: $150 + applicable taxes

Refunds are available up to 1 day before event.


Course details

Topics covered:

  • How do I retrieve statements and invoices?
  • What can I do when a preliminary 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?