Independent Electricity System Operator: Difference between revisions

Revision as of 19:25, 29 September 2017

Latest revision as of 16:06, 29 May 2025

(28 intermediate revisions by 21 users not shown)

Line 1:

{{Short description|Electric utility in Ontario, Canada}}

{{Infobox company

| name = Independent Electricity System Operator

| logo = [[File:Independent_Electricity_System_Operator_(Ontario)_Logo.png]]

| type = [[Crown corporations ofagency Canada(Ontario)|Crown corporation]]

| former_name = Independent Market Operator

| industry = [[Electric power transmission]]

| foundation = {{start date|1998}}

| ___location = [[Toronto]], [[Ontario]], [[Canada]]

| key_people = Peter Gregg, CEO

| location_country = Canada

| products = [[Electricity]] transmission and procurement

| key_people = PeterLesley GreggGallinger, CEO

| num_employees =

| products = [[Electricity]] transmission and procurement

| homepage = {{url|http://www.ieso.ca/|ieso.ca}}

| num_employees =

| owner = [[Government of Ontario]]

| homepage = {{urlURL|http://www.ieso.ca/|ieso.ca}}

}}

The '''Independent Electricity System Operator''' ('''IESO''') is athe [[statutoryCrown corporations of Canada|Crown corporation]] responsible for operating the [[electricity market]] and directing the operation of the [[electrical system|bulk electrical system]] in the province of [[Ontario]], [[Canada]]. It is one of eightseven [[Independentindependent Systemsystem Operatoroperator]]s in [[North America]].

The IESO was established in April 1999 as the '''Independent Electricity Market Operator''' ('''IMO''') under the [[Governmentgovernment of Ontario]] during the premiership of [[Mike Harris]] in preparation for [[deregulation]] of the province's electrical supply and transmission system. As part of government plans to [[privatize]] the assets of [[Ontario Hydro]], the utility was split into 5five separate Crown corporations with the IMO responsible for directing the flow of electricity across the high-voltage, province-wide network owned by [[Hydro One]] and other transmission companies. It was also given the responsibility of managing and operating the competitive wholesale electricity market and working with neighbouring jurisdictions to manage an integrated North American electricity network.

The IMO was renamed to the IESO in January 2005 as a result of the passage of Bill 100, which redefined the direction of deregulation and also led to the creation of the [[Ontario Power Authority]].

TheAs a Crown corporation, IESO is anowned independent,by not-for-profitthe entity[[government of Ontario]] but operates at arms-length. It is governed by a board whose directors are appointed by the provincial government of Ontario, its fees and licences are set by the [[Ontario Energy Board]] and it operates independently of all participants in the electricity market.

In April 2012, the Energy Minister of Ontario [[ChristopherChris Bentley (politician)|Chris Bentley]] introduced legislation in [[Legislative Assembly of Ontario|provincial Parliament]] to merge the [[Ontario Power Authority]] and IESO.<ref>{{Cite web|url=https://www.thestar.com/news/queenspark/2013/05/24/possible_opa_merger_would_reduce_public_consultation_on_planning_oppositions_says.html|title=Possible OPA merger would reduce public consultation on planning, oppositions says|date=May 24, 2013|website=thestar.com}}</ref> The merger was expected to take place in late 2012. After the [[Premier of Ontario]] [[Dalton McGuinty]] resigned in Fallthe fall of 2012, the merger was postponed.

As of January 1, 2015 the ''IESO'' and the [[Ontario Power Authority]] were merged.<ref>http{{Cite web|url=https://www.ieso.ca/Pages/Media/ReleaseError-404.aspx?releaseIDitem=6946%2fpages%2fmedia%2frelease&user=extranet%5cAnonymous&site=ieso|title=Error-404|website=www.ieso.ca}}</ref>

==See also==

Line 34 ⟶ 38:

==External links==

*{{official website|http://www.ieso.ca}}

*[https://web.archive.org/web/20041023034016/http://www.oeb.gov.on.ca/ Ontario Energy Board]

*[https://archive.today/20121205025556/http://www.cns-snc.ca/OntarioElectricity "Where is my Electricity Coming From at this Hour? (if I lived in Ontario)" (Canadian Nuclear Society, with data from IESO)]

{{ONGovDept}}

{{Regional transmission organization (north america)}}

{{Authority control}}

[[Category:Ontario electricity policy]]