TORONTO, Dec. 12, 2013 /CNW/ - The outlook for Ontario's bulk
electricity grid is positive over the next year and a half, the
Independent Electricity System Operator (IESO) said in its latest
The report anticipates adequate supply levels and transmission resources
to meet provincial demand under both normal and extreme weather
Between December 2013 and May 2015, more than 3,300 MW of renewable
resources are expected to be added to the system. At the same time, the
province will close nearly 2,150 MW of generation through the
retirement of its remaining coal-fired generators.
The flexible resources to adapt to this evolving fuel mix have been
found through the maneuverability of nuclear units, demand response
measures and new tools for managing wind and solar variability.
"The IESO will continue to look for new opportunities to add flexibility
into the market to support reliable and efficient operation of the
electricity grid," said Bruce Campbell, President and Chief Executive
Officer of the IESO.
Electricity demand will remain relatively flat over the period of the
report, as population and economic growth are mitigated by conservation
initiatives and growth in embedded generation capacity, which is
expected to reach 2,500 MW by May 2015. Generation embedded in
distribution systems serves to reduce demand on the bulk power system.
The IESO issues 18-Month Outlook reports every three months. The reports
assess the reliability and operability of Ontario's power system. They
are designed to advise market participants about reliability issues,
assess potential adverse conditions and report on initiatives being put
in place to improve reliability. The full report can be accessed on the
IESO website: www.ieso.ca/18MonthOutlookDec2013.
The IESO is responsible for managing Ontario's bulk electricity system
and operating the wholesale market. For more information, please visit www.ieso.ca.
SOURCE: Independent Electricity System Operator
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