Operating Reserve Market Review
Operating Reserve Market Review Rule Amendments | AESO Engage
Please note that a new regulatory engagement on the Operating Reserve Market Review Rule Amendments is taking place on AESO Engage here.
Purpose and introduction
The purpose of this initiative is to assess opportunities to enhance competition and price fidelity in the existing Operating Reserve (OR) markets to improve efficiency.
At the highest level the market is functioning, but there are several design elements that are not performing in a way that promotes efficiency. Incremental change should be sufficient to address the concerns. Ensuring an efficient market design is essential, especially given the importance of OR both economically and operationally as the system and fleet evolve.
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Letter of Notice for Additional Feedback | Feb. 2, 2023
Stakeholder comments
The AESO received comments from Stakeholders in response to its February 2, 2023 Letter of Notice for Additional Feedback on Offer Transparency in the Operating Reserve Market Review. These comments have been posted below.
Letter of Notice for Additional Feedback Materials:
- Stakeholder Comment Letter [Posted: March 10, 2023; Updated: Dec. 6, 2023]
- Extension of Comment Letter [Posted: Feb. 7, 2023]
- LEI Report [Posted: Sep. 7, 2022]
- MSA Letter [Posted: Feb. 2, 2023]
- CRA Report [Posted: Feb. 2, 2023]
- Stakeholder Comment Matrix [Posted: Feb. 2, 2023; Updated: Feb. 7, 2023]
- Letter of Notice [Posted: Feb. 2, 2023]
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Session 3 | Sep. 8, 2022
The AESO held a virtual stakeholder consultation session on Sep. 8, 2022 from 9 a.m. to 12 p.m.
Session purpose
The purpose of stakeholder session 3 is to share final recommendations based on the draft recommendations discussed in session 2 on April 7, 2022. The AESO will share further information on hourly procurement and standby reserve pricing before reaching a final recommendation. Stakeholders will have the opportunity to discuss and share feedback on the information and recommendations.
To aid the discussion in session 3, the AESO is posting a supplementary document on standby reserve pricing alternatives alongside the invitation linked below.
Additional feedback stakeholder comments
The AESO received comments from Stakeholders in response to its Sep. 12, 2022 Letter of Notice for Additional Feedback from Stakeholder Consultation Session 3 on the Operating Reserve Market Review. These comments have been posted below.
Thank you to all Stakeholders who participated in this part of the Operating Reserve Market Review process. The AESO will take all comments received into consideration during the development of the Operating Reserve Market Review.
Session 3 materials
- Additional Feedback Stakeholder Comments [Posted: Oct. 6, 2022]
- Session 3 Recording [Posted: Sep. 15, 2022]
- Stakeholder Comment Matrix [Posted Sep. 12, 2022]
- Letter of Notice for Additional Feedback [Posted Sep. 12, 2022]
- LEI - TransAlta Final Report [Posted: Sep. 7, 2022]
- TransAlta Cover Letter [Posted: Sep. 7, 2022]
- Presentation [Posted: Aug. 30, 2022]
- Standby Reserve Pricing Alternatives [Posted: Aug. 18, 2022]
- Invitation [Posted: Aug. 18, 2022]
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Session 2 | Apr. 7, 2022
The AESO held a virtual stakeholder consultation session on April 7, 2022 from 9 a.m. to 12 p.m.
Session purpose
The Invitation for Stakeholder Consultation Session states this consultation session will share the AESO’s draft recommendation on the Group 1 market design elements that were discussed in session 1 on Nov. 30, 2021. Additionally, further details and potential alternatives will be shared for the Group 2 market design elements. Stakeholders will have the opportunity to discuss and share feedback on the Group 1 draft recommendations and Group 2 alternatives presented in this session.
Stakeholder comments
The AESO received comments from Stakeholders in response to its Apr. 12, 2022 Letter of Notice for Additional Feedback from Stakeholder Consultation Session 2 on the Operating Reserve Market Review. All written comments received can be found in the material section below.
Thank you to all Stakeholders who participated in this part of the Operating Reserve Market Review process. The AESO will take all comments received into consideration during the development of the Operating Reserve Market Review.
Session 2 materials
- Stakeholder Comments [Posted: May 16, 2022]
- Session 2 Recording [Posted: May 4, 2022]
- Additional Feedback Comment Extension Letter [Posted: May 4, 2022]
- Stakeholder Comment Matrix [Posted: April 12, 2022]
- Letter of Notice for Additional Feedback [Posted: April 12, 2022]
- Presentation [Posted: March 31, 2022; Updated: April 4, 2022]
- Invitation [Posted: March 17, 2022]
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Session 1 | Nov. 30, 2021
The AESO held a virtual stakeholder consultation session on Nov. 30, 2021 from 9 a.m. to 12 p.m.
Session purpose
The Invitation for Stakeholder Consultation Session states this consultation session will provide Stakeholders with an introduction to the Operating Reserve Market Review initiative, including the purpose, scope, and an initial list of market design elements under consideration. This session will give Stakeholders an opportunity to ask questions and give feedback on the proposed scope and consultation process.
Stakeholder comments
The AESO received comments from Stakeholders in response to its Dec. 1, 2021 Letter of Notice for Additional Feedback from Stakeholder Consultation Session on the Operating Reserve Market Review. All written comments received can be found in the material section below.
Thank you to all Stakeholders who participated in this part of the Operating Reserve Market Review process. The AESO will take all comments received into consideration during the development of the Operating Reserve Market Review.
Session 1 materials
- Session 1 Recording [Posted May 4, 2022]
- Stakeholder Comments [Posted Jan. 10, 2022]
- Stakeholder Comment Matrix [Posted: Dec. 1, 2021]
- Letter of Notice for Additional Feedback [Posted: Dec. 1, 2021]
- Presentation [Posted: Nov. 23, 2021]
- Draft Agenda [Posted: Nov. 18, 2021]
- Invitation [Posted: Nov. 2, 2021]
If you have any other questions, please contact rules_comments@aeso.ca and subscribe to our stakeholder newsletter for updates.
