Medium-Term RFP
IESO's Medium-Term 2 Capacity Stream RFP secured commitments from existing resources totalling 2,006 MW of capacity through the 2026-2029 contract window, with eight selected proponents delivering cost-effective supply to meet Ontario's late-decade and early-2030s energy needs. This cadenced procurement cycles every two to three years with flexible five-year terms, creating recurring opportunities for generators and flexible resources to re-commit or enter the market at scale.
Important dates
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Published
AI overview
The IESO Medium-Term 2 Capacity Stream RFP is a request for proposals to re-commit existing resources with contracts expiring over the 2026-2029 period. This procurement is designed to secure resources that are best positioned to cost-effectively meet energy and capacity needs emerging late this decade and into the early 2030s. The MT2(c) RFP is part of a series of cadenced medium-term RFPs conducted every two to three years with flexible five-year commitment periods. Proposals are evaluated on price. The MT2(c) RFP resulted in eight Selected Proponents totalling 2,006.14 MW of Maximum Contract Capacity.
Resources & contact
Proposal Document
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