Renewable integration initiative market rule amendments published

 

The following market rule amendments for the Renewable Integration Initiative, which were approved by the IESO Board of Directors on November 29, 2012, have been published on the IESO website:

• MR-00381-R02: Dispatching Variable Generation http://ieso.ca/imoweb/pubs/mr2013/MR_00381_R02_Amendment_Proposal_BD.pdf

• MR-00381-R03: Floor Prices for Variable and Nuclear Generation http://ieso.ca/imoweb/pubs/mr2013/MR_00381_R03_Amendment_Proposal_BD.pdf

• MR-00381-R04: Market Schedule and Congestion Management Settlement Credits (CMSC) for Variable Generation http://ieso.ca/imoweb/pubs/mr2013/MR_00381_R04_Amendment_Proposal_BD.pdf

• MR-00381-R05: Tie Breaking for Variable Generation http://ieso.ca/imoweb/pubs/mr2013/MR_00381_R05_Amendment_Proposal_BD.pdf

• MR-00381-R06: Publication Requirements: 5-Minute Forecast for Variable Generation http://ieso.ca/imoweb/pubs/mr2013/MR_00381_R06_Amendment_Proposal_BD.pdf

          The effective date for MR-00381-R03: Floor Prices for Variable and Nuclear Generation is February 1, 2013. Pursuant to the rule, the Board established the floor price for energy offers from flexible nuclear generation at -$5.00/MWh. The floor price for energy offers for variable generation will be established as part of the stakeholder consultation for the six-month review of the floor price for flexible nuclear generation.

          The other four recommended market rules are currently anticipated to be effective in the third or fourth quarter of 2013, with the date to be specified by the IESO in a notice to all market participants. The above market rule amendment proposals are based on stakeholder consultations through SE-91 Renewable Integration, which includes the Dispatch Technical Working Group (DTWG) and the Floor Price Focus Group (FPFG).

          For further information on the above rule amendments, please refer to the November 29, 2012, IESO Bulletin: http://www.ieso.ca/imoweb/news/newsItem.asp?newsItemID=6275.