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ARTICLE · 24 SEPTEMBER 2024

The IESO's Long-Term 2 Request For Proposals Draft: Potential Changes For Energy Suppliers

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On September 6, 2024, the Independent Electricity System Operator (IESO) released the draft of its Long-Term 2 Request for Proposals (LT2).

CanadaEnergy and Natural Resources
Huw Evans
Huw Evans
Ian T. D. Thomson
Ian T. D. Thomson
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On September 6, 2024, the Independent Electricity System Operator (IESO) released the draft of its Long-Term 2 Request for Proposals (LT2).The LT2 outlines a resource-agnostic framework for suppliers looking to provide year-round energy generation services in Ontario through new build electricity generating facilities larger than 1MW. This bulletin highlights the new requirements and the challenges for suppliers to consider for future project proposals.

What you need to know

  • The IESO's LT2 outlines a resource-agnostic framework for suppliers looking to provide year-round energy generation services in Ontario through new build electricity generating facilities larger than 1MW. Through this framework, the IESO plans to procure roughly 2,000 MW of energy generation services.

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