Navigating the Future: The Evolving Landscape of Electricity Markets Across Canada

Wednesday, October 23, 2024

11:00 AM – 12:00 PM MT

Location: Palomino D, BMO Centre

Concurrent Session Moderator(s)

Leonard Kula (he/him/his)

Vice President of Policy—Eastern Canada and Utility Affairs
Canadian Renewable Energy Association
Toronto, Ontario, Canada

Concurrent Session Speaker(s)

Nicole Leblanc (she/her/hers)

Vice President, Markets
AESO
Calgary, Alberta, Canada
Jessica Savage (she/her/hers)

Program Delivery Executive of Market Renewal Program
IESO
Toronto, Ontario, Canada

Can we agree on where electricity systems are heading? Across Canada, wholesale electricity markets are undergoing profound transformations. In Ontario, the IESO plans to introduce a major Market Renewal Project (MRP) in Q2 2025 aimed at enhancing market dynamics. Meanwhile, Alberta's AESO has proposed the Restructured Energy Market (REM), focused on bolstering reliability. At the same time, the resource mix continues to evolve. This session explores the current trajectory of our electricity systems and discusses the crucial market design adjustments that will be needed to ensure future efficiency and reliability.