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Economic Dispatch of Linked Wheel Transactions (SE-45)

A wheeling-through transaction is a simultaneous import of energy into Ontario and export of energy from Ontario by a market participant (i.e. the market participant moves energy from one jurisdiction, through the Ontario grid and into another jurisdiction).

A linked wheeling-through transaction provides a means for a market participant to move energy through Ontario and ensure that the import energy is not diverted from the market participant’s intended customer in the export market. This provides protection to the market participant against exposure to the Ontario uniform market price but it does not eliminate the congestion risk that all intertie transactions face. When congestion is not present, the import leg is paid at the same Ontario price as the export leg is priced, and as long as the import and export leg quantities are the same, the market participant has no net exposure to the Ontario price.

Stakeholder Engagement Plan (Revised, June 5, 2008)
Stakeholder Engagement Plan (Revised, September 23, 2008)

Previous versions of the Stakeholder Engagement Plan are available upon request.


For more information on this stakeholder initiative or to participate in the next meeting, email stakeholder.engagement@ieso.ca.

Working Sessions and Proposed Activities
Date
Agenda/Minutes
Supporting Material
May 17, 2011 TP determined that the amendment submission no longer warrants consideration. The reasons for that determination are contained in the following TP memo (page 3)
• Communication
June 23, 2009 Update at Technical Panel meetings
• Memo to TP members
• See meeting minutes, under Agenda Item 5 Other Business (MR-00338)
June 2, 2009 Update on initiative provided at June 2 Dispatchable Load Working Group meeting
September 23, 2008 Stakeholder Engagement Plan Updated
September 4, 2008 Formation of working group
July 8, 2008 Technical Panel meeting
MR-00338: Inter-Jurisdictional Trading – Economic Dispatch of Linked Wheels
June 30, 2008 Due date for stakeholder feedback on proposal
• No comments received
June 5, 2008 Stakeholder Engagement Plan update
June 3, 2008 Intertie Trading Standing Committee
May 30, 2008 Post proposed design elements and issues paper
• Paper
• Presentation
March 27, 2008 Implementation of Interim Solution
October 2007 through November 2008 Technical Panel meetings to consider the market rule amendment and recommendation to the Board
See Market Rule Amendment MR-00338
November 2007 through March 2008 Intertie Trading Standing Committee meetings to discuss issue and interim solutions
• January 21, 2008 Communication to IJT members of Linked Wheel Transaction Interim Proposal
December 13, 2007 Stakeholder Engagement Plan Updated
December 13, 2007 Post IESO response to stakeholder written comments on stakeholder engagement plan
December 7, 2007 Intertie Trading Standing Committee meeting
• Linked Wheel - Interim Solution Discussion Paper
November 29, 2007 Closing date for stakeholder written submissions on stakeholder engagement plan
Stakeholder Comments
• Silverhill Limited
• Shell Energy
• Hydro Quebec
November 15, 2007 Post and communicate stakeholder engagement plan
 
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