Submission on the IESO’s 2022 Annual Acquisition Report

The IESO recently released its 2022 Annual Acquisition Report (AAR) that now addresses the urgent generation challenge that the PWU has been identifying for the last two years and includes multiple procurement options to address both the near term and medium-term procurement needs as the Pickering Nuclear Generation Station retires. However, the PWU is concerned that the IESO’s approach to favour 4500 MW of new gas-fired generation compromises the affordability, reliability, and long term emissions of Ontario’s electricity system. The PWU recommends that the IESO mitigate these risks by extending the Atikokan Generating Station operations, investing in storage, and advancing the long-term procurements for new low-carbon baseload supply immediately.

Download the report here