Independent Electricity System Operator
Crown corporation | |
| Industry | Electric power transmission |
|---|---|
| Founded | 1998 |
| Headquarters | Toronto, Ontario, Canada |
Key people | Lesley Gallinger, CEO |
| Products | Electricity transmission and procurement |
| Website | ieso.ca |
The Independent Electricity System Operator (IESO) is the
The IESO was established in April 1999 as the Independent Electricity Market Operator (IMO) under the
The IMO was renamed to the IESO in January 2005 as a result of the passage of Bill 100, which redefined the direction of deregulation and also led to the creation of the Ontario Power Authority.
The IESO is an independent, not-for-profit entity. It is governed by a board whose directors are appointed by the government of Ontario, its fees and licences were set by the Ontario Energy Board and it operates independently of all participants in the electricity market.
In April 2012, the Energy Minister of Ontario Chris Bentley introduced legislation in provincial Parliament to merge the Ontario Power Authority and IESO.[1] The merger was expected to take place in late 2012. After the Premier of Ontario Dalton McGuinty resigned in the fall of 2012, the merger was postponed.
As of January 1, 2015 the IESO and the Ontario Power Authority were merged.[2]
See also
References
- ^ "Possible OPA merger would reduce public consultation on planning, oppositions says". thestar.com. May 24, 2013.
- ^ "Error-404". www.ieso.ca.
External links
- Official website
- Ontario Energy Board
- "Where is my Electricity Coming From at this Hour? (if I lived in Ontario)" (Canadian Nuclear Society, with data from IESO)
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