Participant News

For the implementation phase of the Day-Ahead Commitment Process, working groups for both Operations and Settlements have been established. The purpose of the Working Groups is to provide affected Market Participants the opportunity to include detailed working level input into the development of processes, Market Manuals and the market participant technical interfaces. More information is available at: www.ieso.ca/imoweb/consult/consult_se16.asp

A few issues raised in previous stakeholder forums that affect intertie trading do not fit within the focus of either the Operations or Settlements Working Groups. For this reason, we are planning a meeting with the intertie traders on Thursday, February 9, at our Symark location near the Toronto airport. The meeting will begin at 8:30 am and finish around 4:00 pm.

Topics to be discussed include:

- Criteria for determining financially binding obligations for Day-Ahead Import Transactions
- Day-Ahead Import Transaction - Checkout and the Day-Ahead Import Failure Charge

- Bona Fide and Legitimate Reasons for Failure 
* Day Ahead Imports 
* Real-Time Imports and Exports

- Bias Adjustment Methodology for the Real-Time Intertie Failure Charge

More details on outstanding issues are available at: www.ieso.ca/imoweb/pubs/consult/se16/se16_DACP-20060125-OWG-Open-Issues.pdf

The agenda as well as preparation materials will be provided before the meeting. If you would like to attend the session, please send an email response to stakeholder.engagement@ieso.ca and reference "Intertie Traders meeting February 9" in the subject line. Please identify in your response if you are unable to attend but would be interested in participating through a conferencing service.

If you have any questions or concerns, please contact Stakeholder Engagement at: stakeholder.engagement@ieso.ca

We look forward to hearing from you.