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    Section 103.5

    Proposed Amended Section 103.5 of the ISO Rules, Net Settlement Instruction

    Purpose

    Further to the Letter of Notice, the AESO has reviewed Section 103.5 and determined that there is an opportunity to improve stability with respect to the energy market and reduce the risk of defaults by requiring the delivery of financial security and the AESO’s satisfaction that no adverse effects will occur before a pool participant may cancel a net settlement instruction.

    The AESO has performed a review of Section 103.5 and is proposing amendments that will improve stability with respect to the energy market and reduce the risk of defaults. In addition, the AESO is proposing other administrative amendments that will correct typographical errors, update current drafting style to align with the AESO’s drafting principles, and clarify the language of the ISO rule without changing its effect. 

    If you have any other questions, please contact rules_comments@aeso.ca  and subscribe to our stakeholder newsletter for updates.