IESO Releases Near Term Reliability Outlook

June 25, 2024

Ontario’s electricity system is prepared for this summer season and is expected to have adequate supply and reserves over the next 18 months. The IESO has released its latest Reliability Outlook which assesses the reliability of Ontario’s electricity system over the near term.

Electricity demand in Ontario is projected to increase one per cent in 2024, increasing to 2.9 per cent in 2025 because of the addition of large industrial loads to the grid, increasing electrification throughout the economy and a slowing inflation rate.

During the Outlook period, the IESO will be able to call on a variety of resources to support reliability. This includes supply acquired through the annual Capacity Auction and recent procurements, such as the Oneida energy storage project, coming online. The IESO also expects to access 2,000 MW of imports from neighbouring jurisdictions, if needed.

Go HERE to view the report

Source

Related Articles

Taking a Closer Look at the Trilliant Libra Smart Meter with Steven Lupo

Taking a Closer Look at the Trilliant Libra Smart Meter with Steven Lupo

Trilliant, an international provider of utility solutions for advanced metering and smart grid systems, recently announced a custom-made product for the North American market with the release of its Trilliant Libra Series Edge-Ready Smart Electric Meter. The meter’s technology will allow utilities to enter the connectivity sphere by providing peer-to-peer data acquisition and analytics, while enabling new energy management features that benefit both customer and utility. 

Transitioning Canada’s Youth into Our Energy Workforce
|

Transitioning Canada’s Youth into Our Energy Workforce

As Canada’s energy sector works towards a net-zero carbon economy, the passion and drive of the next generation will be the power behind that transition to a clean energy future. The Canadian workforce is undergoing a dramatic demographic shift. Today’s youth will become the architects of tomorrow who will design and deliver our sustainable energy opportunities and systems. We must empower our youth to become tomorrow’s clean economy leaders. Yet, there remains a youth deficit in our industry.

Marlinja Community Taking Control of its Power with Clean Energy Grid

Marlinja Community Taking Control of its Power with Clean Energy Grid

June 4, 2024 A First Nations community in the Northern Territory has been battling chronic power shortages and high electricity bills for years. Desperate to keep the lights on and struggling to get government support, the people of Marlinja have taken matters into their own hands. The community is setting up its own clean energy power…

Ontario’s System-Wide Electricity Supply Mix: 2023 Data

Ontario’s System-Wide Electricity Supply Mix: 2023 Data

Electricity Retailing – Disclosure to Consumers, O. Reg. 416/99, requires to disclose to consumers the Ontario system-Wide Electricity Supply Mix in the manner established by the Ontario Energy Board. The Board’s Directive for the Disclosure of information to consumers by Electricity Retailers under Ontario Regulation 416/99 prescribes the manner and timing requirements of this disclosure. The Directive applies to all retailers, including distributors that provide standard supply services.

Steven Lupo on AMI 2.0 and How Technology is Impacting the Utility Sector

Steven Lupo on AMI 2.0 and How Technology is Impacting the Utility Sector

Steven Lupo, Managing Director of Trilliant Canada says this is a critical time for utilities as the industry shifts towards more-connected technologies. “Of course, anyone in the municipal services industry would comment that there’s always some form of disruption and challenge going on from various factors,” he said. However, the utility sector is on its way toward the second technological wave of Advanced Metering Infrastructure (AMI). Similar to Industry 4.0 in industrial and manufacturing sectors, AMI 2.0 represents the implementation of edge computing, cloud services, IT, and software data analytics to streamline operations and improve services, with the potential of increasing revenue.