Planning is essential to a reliable, sustainable electricity future. The IESO plans and prepares for Ontario’s electricity needs by assessing electricity requirements for the power system of today and tomorrow as well as planning to ensure electricity will be available when and where it is needed. The responsibility includes broad engagement with individuals, organizations and institutions most impacted by our decisions. It is an iterative process that must consider short-, medium- and long-range electricity needs as well as impacts on cost, reliability, the environment and others.
Dedicated planning processes exist for specific timelines and geographical areas (local, regional or provincial). These timelines are:
- Near real-time forecasts
- 18-months ahead
- Long-term outlook
Further, the IESO Home Page… has an excellent presentation of supply, demand and price. This homepage presentation looks like:
You are encouraged to follow this link to see what is happening right now as it is updated at least hourly. Every consumer should study this content especially the “Global Adjustment” impact on retail pricing. Some excellent graphs of supply and demand give insight into the role of nuclear power generation, imports and exports and how much gas is used in generation.
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