Journal
IEEE TRANSACTIONS ON POWER SYSTEMS
Volume 22, Issue 4, Pages 1782-1793Publisher
IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/TPWRS.2007.907979
Keywords
deregulation; market outcome analysis; Ontario electricity market
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Competitive electricity markets have been operating in various countries for more than a decade, with every single electricity market presenting its own unique characteristics and features. This paper provides a comprehensive overview of the operational aspects of the Ontario electricity market, its unique features, and its outcomes for the first four years of operation. Several programs implemented in the Ontario market to improve efficiency, transparency, and competitiveness are analyzed, and the effectiveness of these programs are discussed.
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