The Minister of Energy, Northern Development and Mines issued a directive to the Independent Electricity System Operator (IESO) in November 2019 to review existing generation contracts and identify changes that might result in cost savings. In response to the directive, Charles River, a consulting firm in Boston, was retained by the IESO to conduct the review and prepare a report. The report, which is available on the IESO’s website, was provided to the Minister of Energy, along with the IESO’s assessment of the findings, in February 2020 and released in August 2020.
In a recent article published in Energy Regulation Quarterly, Ron Clark provides commentary on the recommendations made by Charles River.