tailieunhanh - 2010 – 2012 BUSINESS PLAN: IESO POWER

An intense customer focus, superior process design and a strong and motivated leadership are vital ingredients to the recipe for the success of any business corporation. Reengineering is the key that every organization should possess to attain these prerequisites to success. BPR doesn’t offer a miracle cure on a platter. Nor does it provide a painless quick fix. Rather it advocates strenuous hard work and instigates the people involved to not only to change what they do but targets at altering their basic way of thinking itself. In this paper we have attempted in evolving a structured approach to. | ieso Power to Ontario. On Demand. CONTENTS BUSINESS PLAN SUMMARY 1 FINANCIAL OVERVIEW 8 PROJECTED 2010 FINANCIAL RESULTS 8 FINANCIAL OUTLOOK 2011-2013 9 APPENDIX 1 IESO USAGE FEE FINANCIAL STATEMENTS 14 APPENDIX 2 IESO CAPITAL PROJECTS 17 APPENDIX 3 SMART METERING ENTITY 21 APPENDIX 4 CONSOLIDATED FINANCIAL STATEMENTS 23 SUMMARY Maintaining reliability of Ontario s bulk power system continues to be the cornerstone of the Independent Electricity System Operator s IESO mandate. Coordinating all the industry players to achieve that responsibility will be particularly challenging as implementation of the provincial government s green energy policies phases out coal and ushers in substantial increases in new wind solar and hydroelectric capacity. The 2011-2013 Business Plan addresses this challenge by addressing the implications to the IESO of the changing supply mix in Ontario and outlines the actions and resources needed to ensure that these new renewable facilities can be efficiently integrated into the operation of Ontario s power system without compromising reliability. A broad-based transformation of Ontario s power system is well underway revolutionizing the way electricity is generated delivered managed and even consumed in Ontario. Many of the changes at play are more profound and occurring faster than expected. The increasing investment in new renewable generation is accompanied by the expansion and enhancement of the transmission and distribution systems the retirement of Ontario s coal generating fleet and the development of a smart grid for Ontario. As a result the implementation of the government s Green Energy and Green Economy Act 2009 GEGEA and the associated commitments to change the characteristics of the Ontario power system are now materializing with unprecedented urgency with equivalent pressures on the IESO to coordinate facilitate and advance many of these changes. The IESO will continue its leadership in implementing the government s green .