As Ontario’s electricity market undergoes its most significant transformation in decades, Power Advisory is tracking the implementation of the IESO’s Market Renewal Program (MRP) in real time. Our weekly summaries provide timely, data-driven analysis of key trends, price signals, and market impacts. Power Advisory will help stakeholders navigate the evolving landscape with clarity and confidence. Whether you're a market participant, policymaker, or energy consumer, these updates offer grounded insights to support strategic decision-making in the new market environment.
The last two weeks saw Day-Ahead (DA) prices move higher and Real-Time (RT) zonal prices move lower compared to the previous two weeks. Average DA zonal prices ranged from $50/MWh (Niagara) to $69/MWh (Northwest), while RT zonal prices ranged between $52/MWh (Niagara) to $63/MWh (Northwest).
Read Full ReportDay-Ahead (DA) zonal prices in the last week were higher compared to the previous three weeks, while Real-Time (RT) zonal prices decreased. DA zonal prices ranged from $49/MWh (Niagara) to $73/MWh (Northwest), while RT zonal prices ranged between $50/MWh (Niagara) to $64/MWh (Northwest).
Read Full ReportThe IESO has released the Dispatch Deviation report for September. Although market interventions have decreased from August, they remain elevated compared to September 2024.
Read Full ReportDay-Ahead zonal prices in the last week decreased compared to the previous three weeks while Real-Time zonal prices increased compared to the previous three weeks.
Read Full ReportThe last two weeks saw Day-Ahead (DA) and Real-Time (RT) zonal prices move higher compared to the previous period.
Read Full ReportDay-Ahead (DA) zonal prices in the last week increased compared to the previous three weeks while Real-Time (RT) zonal prices decreased compared to the previous three weeks.
Read Full ReportThe IESO has released the Dispatch Deviation report for August. Although the market interventions have decreased from the high set in July, they remain elevated as compared with August 2024.
Read Full ReportDay-Ahead (DA) zonal prices in the last week increased compared to the previous three weeks while Real-Time (RT) zonal prices decreased compared to the previous three weeks.
Read Full ReportLast week, similar to the previous week, posted some of the lowest prices since the launch of the renewed market. These low prices are mainly reflective of the drop in cooling load as temperatures become cooler.
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