IESO CDM Mid-Term Report
The Independent Electricity System Operator (IESO) in Ontario recently reported that its Mid-Term Review report of the 2021-2024 Conservation and Demand Management Framework has been shared with the Minister of Energy and is now available on the IESO website. It can be accessed here.
This mid-term review presents a plan for the realization of energy and demand targets, including the implementation of new programming, to help meet emerging system needs in 2025 and beyond.
This report is being made available together with two other reports -- the Pathways to Decarbonization and the Annual Planning Outlook. Together, these reports document how the IESO is building on its ongoing efforts to make the plans and investments today that will facilitate an efficient and orderly transition into the future.
As a direct result of the review of the framework, the Ministry of Energy approved additional funding on October 4, 2022, and the IESO will launch a series of new and expanded energy-efficiency programs in spring 2023 that will tap into Ontario’s energy-efficiency potential that exists over the next few years.
The achievable conservation and demand management potential supports key findings from the IESO’s Pathways to Decarbonization report, which concludes that Ontario is in a strong position to decarbonize its rapidly growing electricity grid, starting with a moratorium on natural gas generation in 2027 provided that new storage, nuclear, renewables and expanded conservation efforts are ready when needed. Achieving zero-emissions objectives requires Ontario to continue to build and expand its use of conservation and demand management to meet system needs.
For more information, contact Robert Edwards | Business Advisor, Private Sector | Planning, Conservation and Resource Adequacy, robert.edwards@ieso.ca
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