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Constrained off CMSC Payments to Importers and Exporters (SE-10)

The IESO has identified to the Market Surveillance Panel (MSP) an unintended consequence under the current market rules whereby market participants can structure their import offers or export bids to receive constrained off CMSC payment amounts that are judged to be inconsistent with market design principles and the intent of these payments. A stakeholder engagement plan has been developed to involve stakeholders in assisting the IESO to mitigate any unintended consequences that exist with respect to CMSC payments to importers and exporters.

Stakeholder Engagement Plan
Stakeholder Engagement Plan (Revised July 25, 2006)

Working Sessions and Proposed Activities
Date
Agenda/Minutes
Supporting Material
June 19, 2008 Communication on Watch Zones – Multiple Representative Nodes per Area
Report: Implementation of Multiple Representative Nodes for Assessing Constrained Off Watch Zones
February 22, 2008 Deadline for feedback on proposed changes to the Constrained Off Watch Zones
Stakeholder Feedback:
• Ontario Power Generation
• IESO Response to Stakeholder Feedback
February 7, 2008 Communication to stakeholders on proposed changes to Constrained Off Watch Zones
• Proposal on changes to representative nodes for Constrained Off Watch Zones
• Proposed representative nodes for Constrained Off Watch Zones
July 1, 2006 • Posting of Market Manual, MR-00306 effective July 1st, 2006
June 28, 2006 Due date for stakeholder comments on changes to draft Market Manual 2: Market Administration Part 2.12: Treatment of Local Market Power, ver 7.1 (IMO_PRO_0034)
Stakeholder Feedback:
• Manitoba Hydro
• IESO Response to Stakeholder Feedback
June 8, 2006 Board approval
May 9, 2006
Agenda (Revised)
Minutes (Final)
Working group meeting to discuss the draft market manual modifications incorporating anticipated market rule changes related to Constrained off CMSC payments
• Draft Appendix to the Market Manual
Stakeholder Feedback:
• Powerex Comments on Draft Market Manual Appendix F: Treatment of Persistent and Significant Constrained Off Events
• OPG Comments
• Brookfield Power Comments
• IESO response to Stakeholder Feedback
Feedback:
• Summary of Session Feedback
March 29, 2006
Agenda (Final)
Minutes (Final)
Stakeholder meeting to present revised proposal that considers stakeholder input regarding issue
• Constrained Off Imports and Exports - Background on the Issue
• Updated Proposal: Constrained Off CMSC Payments (Imports and Exports)
Response to Written Stakeholder Comments
February 15, 2006 Publishing of Proposal of draft amendments and e-mail to Intertie Traders sub-committee
(draft ammendment proposal)
January 10, 2006 Intertie Trading Standing Committee meeting
May 23,
April 11,
March 7,
January 24,
December 13,
and November 29
Technical Panel consideration of market rule amendments
November 23, 2005 Deadline for written feedback from stakeholders
Comments:
• Manitoba Hydro
• Brascan Energy Marketing
• OPG
November 18, 2005 Posting of materials from November 16 meeting comments from stakeholders
Comments:
• Stakeholder Working Session Notes
November 16, 2005
Agenda (Final)
Stakeholder meeting to provide feedback to IESO and suggest alternative
• Background
• Manitoba Hydro presentation
• Initial Proposal
Feedback:
• Summary of Session Feedback
November 4, 2005 Posting of description of the identified issue and the IESO suggested solution and agenda for Nov 16 stakeholder meeting
• Discussion Paper
 
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