The IESO Board of Directors approved the following market rule amendments on August 29, 2018:
MR-00420: Capacity Exports:
R00 – Capacity Exports in the IESO-Administered Markets
R01 – Capacity Exports and Settlements
R02 – Capacity Exports and Transmitter Outages
The IESO said, the amendments “create a framework to enable Ontario-based resources to export capacity, as approved by the IESO. The amendments will specify market participant rights and obligations for capacity export requests and the capacity call process, specify congestion management settlement credit and cost guarantee treatment, as well as enable the IESO to reject or revoke a transmitter’s planned outage in limited circumstances.”
The amendments are based on input from the Market Renewal – Capacity Exports stakeholder engagement. The effective date of the amendments is expected to occur in November 2018, upon the implementation of required market manual changes. The IESO will specify the effective date in a notice to all market participants.