Category: 📜 Rules, Policies & Processes
Complexity Level: ●●○○○ (Level 2 - Concept Overview)
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Ontario's electricity market does not run on price signals alone. It operates through formal rules, policies, and oversight institutions that define how participants can buy, sell, and deliver electricity.
These governance structures are designed to support:
⚡ Rules and governance set the boundaries for how electricity markets operate.
They determine who can participate, what actions are allowed, and how disputes or changes are handled.
Market Governance
The framework of institutions, market rules, regulatory decisions, and policy direction that guides how the electricity sector operates.
In Ontario, governance is shared across multiple organizations.
These roles are connected, but each organization has a distinct mandate.
Governance decisions can also influence customer costs, including components such as the Global Adjustment.
Suppose Ontario introduces a new demand response participation rule.
➡ Next Topic:
Long-Term Energy Planning
This next topic explains how Ontario plans future electricity supply, infrastructure, and reliability needs over multi-year horizons.
Last Updated: 2026-03-26