The Independent Electricity System Operator announced the creation of a new Market Development Advisory Group (MDAG) January 17, which is to support IESO efforts to evolve the Ontario electricity market, beyond the Market Renewal Program, “to cost-effectively ensure reliability in the near and longer terms.” The Terms of Reference document provides additional context and is available on the engagement webpage.
The IESO is calling for nominations of qualified individuals to join the MDAG. There will be a maximum of 20 members that will comprise “a balanced representation of different stakeholder communities that participate in or are affected by Ontario’s electricity markets.”
The MDAG will have public meetings to ensure that all stakeholders have the ability to participate in forward-looking market discussions and considerations.
Anyone interested in submitting a nomination for the MDAG was asked to do the following:
• Review the Terms of Reference to understand the role of the group, the desired qualifications, and the expectations for preparation and participation in meetings
• Send an email with their nomination to
1. Description of your vision of how competitive markets fit into Ontario’s energy future and key priorities to achieve that goal
2. Both the nominee’s dedication and their company or organization’s (if applicable) commitment and support to create a competitive and dynamic electricity market in Ontario.
Nominations were to be accepted until Friday, February 15. The IESO will review all nominations and will communicate decisions on membership shortly after the closing date. The first meeting is expected to occur in March.
For more information see the IESO website under “Market Development Advisory Group.”