IESO
Ontario’s Independent Electricity System Operator is a government organization with a mixture of commercial and public-policy goals, owned by the government of Ontario. It was created to prepare for deregulation of the province’s electrical system and is governed by a board whose directors are appointed by the provincial government.
Site preparation is underway in southern Ontario for what is expected to be the first small modular reactor to come online in North America, a 300-MW unit projected to cost $7.7 billion CAD.
IESO continued a smooth rollout of Ontario's nodal market, launching a financially binding day-ahead market.
The move was a big step for IESO, and one of the biggest tweaks to its market design in years.
Ontario's IESO successfully launched its nodal market on May 1, reporting few glitches during its rollout.
IESO is changing how it projects renewable generation output and its accounting for imports and planned loads in the forecasts it uses to manage generator and transmission outages.
IESO is scheduled to launch its new nodal market May 1, a change it says will save Ontario $700 million over the next decade through reduced out-of-market payments and increased efficiency.
IESO has 37.2 GW of installed capacity and 18,640 miles of transmission, both ranked seventh among the nine organized markets in the U.S. and Canada.
Yes Energy's Emily Merchant provides answers to some frequently asked questions about IESO's new nodal market.
Ontario Premier Doug Ford followed through on a threat to implement a 25% tariff on electricity exports to the US, a response to President Trump's own 10% tariff that went into effect last week.
CERAWeek 2024 by S&P Global was supposed to explore “strategies for a multidimensional, multispeed and multifuel energy transition.” Instead, the buzz was all about data centers and artificial intelligence.
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