IESO Releases 18-Month Outlook for Ontario's Electricity System



    TORONTO, March 9 /CNW/ - The Independent Electricity System Operator
(IESO) today released its quarterly 18-Month Outlook which provides a short
term assessment of the reliability of the Ontario electricity system.
    The report released today echoes many of the findings included in the
longer term Ontario Reliability Outlook released a week ago by the IESO.
Ontario's supply-demand picture remains generally positive with more than
1,400 megawatts (MW) of new supply expected over the next 18 months.
    Under Normal Weather conditions, with all of the planned generation
additions, there are forecast to be sufficient resources within Ontario to
meet expected requirements over most of the 18-month period covered in the
Outlook. However, there are conditions under which the system could be
strained and Ontario would need to rely on additional supplies from outside
the province. This is particularly true under extreme weather conditions or if
new facilities are delayed from coming into service.
    The IESO Outlook published today covers the period to September 30, 2008.
It reports on the resource and transmission reliability of the province's
electricity system and identifies any potentially adverse conditions. The full
18-Month Outlook is available at:
    http://www.ieso.ca/imoweb/pubs/marketReports/18MonthOutlook_2007mar.pdf

    The IESO is responsible for managing Ontario's bulk electricity power
system and operating the wholesale market. For more information, please visit
www.ieso.ca.





For further information:

For further information: Terry Young, (416) 506-2832,
Terry.Young@ieso.ca


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