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Compliance Enforcement

Compliance with the Rules of Ontario's Wholesale Electricity Market

Compliance with the market rules is key to the operation of an efficient and reliable electricity market and system. Market participants who breach the market rules may be subject to sanctions if the IESO considers it appropriate, given the circumstances.

The Compliance Enforcement unit of the Market Assessment and Compliance Division (MACD) fosters compliance with the Ontario market rules and North American reliability standards through a variety of activities spanning prevention, monitoring, investigation and enforcement. The Compliance Enforcement unit works with other business units in the IESO to achieve this objective, mainly in the areas of monitoring, education and communications.

The principal means by which MACD enforces compliance with the market rules is through its delegated enforcement role. This involves making determinations of non-compliance and issuing sanctions, where appropriate. Sanctions can take a variety of forms, most commonly financial penalties and orders to come into compliance with the rules.

IThe IESO must also comply with its obligations under the market rules and is therefore subject to MACDís enforcement actions. MACD applies the same investigative procedures and range of sanctions to all market participants as it does the IESO.

In extreme cases, persistent breaches of the market rules can lead to suspension or termination from the market and disconnection from the IESO-controlled grid.

Process Overview

The procedures followed in the treatment of compliance issues and investigations are detailed in Market Administration Manual 2.6: Treatment of Compliance Issues.

How to Report or Self-Report Instances of Non-Compliance

Groups or individuals who suspect that a market participant or the IESO is not compliant with the market rules, or market participants who wish to self-report their own possible non-compliance, can report such instances, on a confidential basis, by submitting a Non-Compliance Event Report (NCER) to MACD. Parties that submit an NCER may receive a request from MACD to provide additional information about their submission.

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