The feedback request has concluded.
EWG Summary and Straw Market Models | Nov. 30 - Dec. 14, 2023
We invite all interested stakeholders to provide written feedback to share their insights and perspectives on the Market Pathways EWG Summary and on which straw market model overall stakeholders feel best achieves the four objectives on or before December 14, 2023.
Four Objectives
- A Reliable Electric Grid
- Affordable Electricity for Consumers
- Decarbonization by 2050 and Related Policy Objectives
- Reasonable and Realistic Implementation
Straw Market Models
Throughout the EWG Sprint sessions, the straw market models have been broadly defined as follows:
- Energy-Only (Day Ahead or Real Time): Market model where supply type, size, and timing are determined by private sector investors without direction from a central agency, as determined by expectation of market conditions (for all products).
- Capacity Contract: A competitive auction that procures capacity to meet reliability targets. Typically, auctions are held at regular intervals and contract lengths are short duration (6 months – 5 years).
- Integrated Planning: Long Term Contracts that can be issued by a central agency (e.g., Ontario ISO) or a utility (e.g., BC Hydro energy calls) as part of their integrated resource plan to procure private sector investment through directed investment (type, size, location determined as part of an overall system plan).
Relevant Materials
- AESO Stakeholder Symposium Presentation (EWG Summary begins on slide 39 - Market Pathways Update)
- EWG Sprint I Pre-read Material
- EWG Sprint II Part I and Part 2 Pre-read Materials
- EWG Sprint III Brattle Memos: Ancillary Services in Energy-Only Markets, Australia Capacity Investment Scheme, Ontario Single Buyer Contracting Model
Instructions
- To submit your feedback, you will need to be registered and signed in on the AESO Engage platform.
- Please click on the "Complete Stakeholder Feedback" box below to provide your specific comments.
- Please submit one completed Stakeholder Feedback survey per organization.
- Stakeholder Feedback results will be posted on AESO Engage, in their original state.
- Responses due on or before December 14, 2023.
Stakeholder Feedback Questions
- Please indicate which category your organization predominantly represents.
- I was a member of the Market Pathways Executive Working Group (EWG) - yes/no.
- If you were an EWG member, do you think the EWG Summary accurately reflects the discussion at the Sprints?
- If you were an EWG member and you don't believe the EWG Summary accurately reflected the Sprint discussions, what do you believe is missing or misrepresented? Please provide any details you would like added or reflected in the EWG Summary. Please be specific.
- If you were not an EWG member, what additional details or perspective would you like to add to the information provided in the EWG materials and Summary of the Sprint discussions? Please be specific.
- Which straw market model overall do you feel best achieves the four objectives listed above and why? Please be specific.
- Any additional comments
- If you'd like to upload a formatted version of your responses, please do so here.