Rodan Energy Takes Top Spot in IESO Capacity Auction
December 10, 2024
Rodan Energy Solutions has secured the largest position in this year’s IESO Capacity Auction, reinforcing its leadership as Canada’s foremost Demand Response (DR) provider. The Independent Electricity System Operator (IESO) announced the results of its latest Capacity Auction, awarding over 2122.2 MW for the 2025 summer period and 1524.6 MW for the 2025/26 winter period. Since the inception of the Capacity Auction, Rodan Energy has consistently been the largest provider by a significant margin, thanks to its industry-leading technology stack, energy markets expertise, engineering and technical services capabilities, and customer-centric delivery model.
Rodan Energy will manage more than 300 MW of capacity for the summer, and more than 250 MW for the winter, supporting Ontario’s electricity grid with a clean, cost-effective, and flexible solution that delivers significant economic benefits to energy consumers.
“The IESO’s Capacity Auction is an important market mechanism for procuring cost-effective, reliable, and flexible electricity resources like demand response,” says Paul Grod, CEO of Rodan Energy Solutions. “We fully anticipate a significant increase in future IESO procurements to meet Ontario’s growing electricity demands.”
By securing the largest position in the IESO market, Rodan Energy is able to deliver significant risk-free revenue to large electricity consumers in Ontario. Combined with Rodan’s other industry-leading solutions, this ensures that customers significantly reduce their energy costs while achieving their sustainability targets.
