The Ontario Independent Electricity System Operator (IESO) recently began a major stakeholdering process aimed at renewing Ontario’s wholesale electricity market design. If implemented, the changes under consideration would seem to suggest a real commitment to the use of market-based mechanisms to govern the production and consumption of electricity in the future.
This Insights makes initial observations on:
• The central objective for having a market;
• The types of efficiencies achievable;
• The most promising actions; and
• Principles to guide market changes.
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Energy investor update - Q2 2024
Q1 2024 witnessed strong energy M&A activity in North America and in Europe driven by large asset deals and a continued focus on energy transition. Utility...