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Recent Reports

New OEB CEO Authorities: Clarification Needed

February 26, 2026
By 
Roy Hrab & Andrew Blair & Avi Lipsitz

In late 2025, Ontario passed Bill 40, Protect Ontario by Securing Affordable Energy for Generations Act, 2025 (the Energy for Generations Act).

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MRP Monthly Review January 2026: Highest Monthly Wholesale Prices Set in the IESO-Administered Market

February 6, 2026
By 
Brady Yauch & Brendan Callery & Nadiha Khan

The IESO-Administered Market (IAM) experienced a record-setting month in January in terms of the average wholesale price. The average hourly day-ahead OZP was $132.42/MWh in January, while the real-time OZP was $122.01/MWh.

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MRP Monthly Review December 2025: High Congestion in Ottawa and West Zones

January 9, 2026
By 
Brady Yauch & Brendan Callery & Nadiha Khan

The average Day-Ahead (DA) zonal prices ranged from $82/MWh (West) to $112/MWh (Ottawa) in December, while Real-Time (RT) zonal prices ranged between $63/MWh (West) to $117/MWh (Ottawa).

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Basic Service Rates in New England set to rise an average of 9% for 2026

January 8, 2026
By 
Andrew Kinross

Basic service rates for four New England states are set to move higher in 2026 following recent procurements. The rates for seven utilities across the four states will increase by an average of 9% vs. year-ago levels.

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Investors Sue Maine Over LD 1777, Marking a Turbulent Year for Community Solar

January 2, 2026
By 
Andrew Kinross

On November 24, eleven owners of community solar projects in Maine – representing a combined 111 projects totaling 415 MW – filed a federal lawsuit against the State of Maine challenging LD 1777, a law enacted in June.

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New Mexico Community Solar Program Finally Launches and Finds its Footing

December 12, 2025
By 
Andrew Kinross & Andrew Bracken

In New Mexico, the new community solar program has finally launched after years of deliberation to set up the program and decide on the Community Solar Bill Credit (SBC) that is rewarded to subscribers of community solar projects.

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Ontario's Capacity Prices Spike Higher

December 7, 2025
By 
Brady Yauch & Nadiha Khan

On December 4, 2025, the Independent Electricity System Operator (IESO) released results from its annual Capacity Auction with a summer and winter clearing price of $645.24/MW-day and $725.31/MW-day, respectively – marking the highest ever clearing price in Ontario for the Capacity Auction and a significant jump from the $332.39/MW-day and $139.00/MW-day for the summer and winter in last year’s auction.

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MRP Monthly Review November 2025: High Congestion in Niagara, Southwest, and West Zones

December 5, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

For the month of November, the average Day-Ahead (DA) zonal prices ranged from $77/MWh (Niagara) to $93/MWh (Ottawa), while Real-Time (RT) zonal prices ranged between $48/MWh (West) to $95/MWh (Ottawa).

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The Impact of Large Loads on Rate Design

November 26, 2025
By 
Brady Yauch & Roy Hrab & Travis Lusney

Are all new loads created equally? That is the question facing policy makers, grid operators and regulators as the tsunami of new potential electricity demand from data centres hits electricity grids across North America (and globally).

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MRP Review Week 26: More Congestion and Increased Transmission Interface Outages

November 4, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

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).

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