Publications

Read all market renewal Program Reports

Recent Reports

MRP Review Week 22: High Prices and Resurgence of Congestion in the Ottawa and East Zone

October 7, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

The last two weeks saw Day-Ahead (DA) and Real-Time (RT) zonal prices move higher compared to the previous period.

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MRP Review Week 21: Prices Rise Again and New Congestion in the Essa Zone

September 30, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

Day-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.

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Energy System Investment and Planning in the Age of Electrification and (In)Security

September 23, 2025
By 
Roy Hrab & Travis Lusney & Brady Yauch

Western nations have generally taken safe, affordable and reliable energy for granted. While there have been temporary supply shocks/interruptions, such as the 1973 and 1979 oil crises as well as the major blackouts in 1965 and 2003 affecting Ontario, Canada and the northeast United States, energy supplies – and the electricity grid in particular – have typically been stable.

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MRP Review Week 20: Moderate Demand and OZP breaks $200/MWh Two Times

September 23, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

The 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.

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MRP Review Week 19: Moderate Prices and Demand Continue and More Congestion in Niagara and West Zones

September 16, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

Day-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.

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MRP Review Week 18: Shoulder Season Kicks in with Moderate Prices and Demand

September 9, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

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MRP Market Review Week 17: Cooler temperatures and lower prices

September 3, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

Last 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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MRP Market Review Week 16: Prices and Demand in the Renewed Market Cool Off

August 26, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

The IESO has released the Dispatch Deviation report for July, which has set a new high for market interventions since March 2022 (no reports are published prior to this date).

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MRP Market Review Week 15: Ontario Demand Reaches More Than 24K MW

August 19, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

Ontario Demand reached 24,789 MW on August 11, HE 18 – marking the second highest peak demand of 2025. The highest peak demand for 2025 continues to be 73 MW higher at 24,862 MW and occurred at the end-of-June heat wave.

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MRP Market Review Week 14: Comparing July 2025 and 2024 prices and Congestion Makes an Appearance in the Ottawa Zone

August 12, 2025
By 
Brady Yauch & Brendan Callery & Nadiha Khan

Power Advisory has undertaken a review of energy prices in July 2025 compared to the same month last year to better understand if pricing outcomes in the renewed market broadly align with the legacy market.

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