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The Independent Electricity System Operator (IESO) ensures the reliability of Ontario’s power system on behalf of all Ontarians. The IESO delivers key services across the electricity sector including; managing the power system in real-time, planning for the province’s future energy needs, enabling conservation and designing a more efficient electricity marketplace to support sector evolution.
As part of our unique and critical responsibilities, we work with stakeholders, government, Indigenous and other communities to provide an efficient supply of electricity when and where it is needed.
Our leadership, technical expertise and purposeful engagement across the sector also provide us with a unique opportunity to advance the development and implementation of energy policy that cost effectively enhances electricity system reliability.
We are a not-for-profit corporation with no financial stake in the industry. We have an independent Board of Directors and a dedicated, highly skilled workforce.
The IESO’s unique, challenging work environment attracts diverse, highly educated professionals from engineering, business, finance, economics, information technology, law and social sciences. Their employees are motivated by having a career in an organization that impacts, improves and benefits the lives of Ontarians.
Job Title: Program Delivery Executive
Reports to: Chief Operation Officer and Chief Financial Officer
Location: Mississauga Ontario
For more than a century, electricity has been an important element of Ontario prosperity. Inexpensive and plentiful hydro-electricity was a key driver of the development of Ontario as an industrial powerhouse in Canada. Ontario Hydro became a global leader in developing large coal and nuclear generation stations to support growing power demands. More recently, Ontario has transformed its generation fleet to a cleaner resource mix that has been 95+% emissions free.
Now is the time for the IESO to lead again and add significant value to Ontario – this time to refresh electricity market tools. To this end, the IESO is developing and implementing market designs to competitively acquire and schedule generators and other resources to balance electricity supply and demand. Market designs are implemented in a number of artifacts including:
To successfully implement a market design, a number of critical factors must be satisfied including:
The IESO is replacing the foundational system that calculates electricity sector settlement amounts. It is also developing market designs for significant changes to the way the IESO schedules and dispatches energy in real-time and the way it acquires capacity. As IESO moved through the high level design phase of the Energy and Capacity streams and the creation of the scope for the Replacement of the Settlement System (RSS), it became evident that there needed to be a higher level of governance to ensure the successful delivery of all three streams of work.
As a result, it was decided to have all three streams roll into a Program to be led by a Program Delivery Executive.
The RSS project will be replacing the current Commercial Reconciliation System with a rules-based calculation engine and bring in various settlement processes from across the company.
The Energy stream will replace three key dispatch and scheduling calculation engines. The prices and schedules created by these calculation engines will be delivered to the Settlement processes to calculate settlement statements. The Incremental Capacity Auction will also calculate market results that will be sent to the Settlement engine.
The IESO is currently seeking an experienced Program Delivery Executive to join their team on a 4 year term with the potential for a 1-year extension. As they move through the streams of work, they have recognized the requirement for a higher level of governance to ensure success and need a uniquely skilled individual in the position to lead all three streams. The Program Delivery Executive will report to both the Chief Operating Officer, and Chief Financial Officer.
The successful candidate will have the following:
Competencies and Attributes