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Market Surveillance Panel

Consultation on Congestion Management Settlement Credits (CMSC)

Consultation on CMSC in the IMO-Administered Electricity Market - Issues Related to Constrained-off Payments to Generators and Imports

Initial Announcement and Supporting Material

On February 21, 2003, the Market Surveillance Panel (MSP) initiated a consultation regarding Congestion Management Settlement Credits (CMSC). To assist in this process, the MSP provided a discussion paper presenting their concerns and soliciting responses on some key issues.

Stakeholder Feedback and MSP Assessment

The MSP invited interested parties to respond in writing to these issues by March 31, 2003 and received the following submissions. Note: each responding party below approved publication of its submission, even though some submissions exhibit a "confidential" label.

Additional Stakeholder Contact and Supporting Material

On February 18, 2003 Market Assessment and Compliance Division (MACD) provided, on behalf of the MSP, a brief statement to the Market Advisory Council (MAC), previewing the MSP consultation and Discussion Paper. Some of the key issues were discussed at the meeting of the Market Operations Standing Committee (MOSC) on March 5, 2003.

CMSC payments and the related issues are among the more complicated aspects of the IESO marketplace. The MSP recommends referring to some of the background material prepared by Marketplace Training on this subject.

Results

At the July 3, 2003 meeting of the IMO Board, the Market Surveillance Panel presented its report entitled: "Constrained Off Payments and Other Issues in the Management of Congestion". The Board discussed the report, endorsed the recommendations and asked IMO Management to take action to implement them in on-going consultation with the Board. With respect to the elimination of constrained off payments, the Board agreed to address this issue if the Panel brings it forward at a later date.

 


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