Toronto, Ontario Dec 5, 2024 (Issuewire.com) - Rodan Energy Solutions has secured the largest position in this year’s IESO Capacity Auction, reinforcing its leadership as Canada’s foremost Demand Response (DR) provider. Today, the Independent Electricity System Operator (IESO) announced the results of its latest Capacity Auction, awarding over 2122.2 MW for the 2025 summer period and 1524.6 MW for the 2025/26 winter period. Since the inception of the Capacity Auction, Rodan Energy has consistently been the largest provider by a significant margin, thanks to its industry-leading technology stack, energy markets expertise, engineering and technical services capabilities, and customer-centric delivery model.
Rodan Energy will manage more than 300 MW of capacity for the summer, and more than 250MW for the winter, supporting Ontario’s electricity grid with a clean, cost-effective, and flexible solution that delivers significant economic benefits to energy consumers.
"The IESO’s Capacity Auction is an important market mechanism for procuring cost-effective, reliable, and flexible electricity resources like demand response,” says Paul Grod, CEO of Rodan Energy Solutions. “We fully anticipate a significant increase in future IESO procurements to meet Ontario’s growing electricity demands.”
By securing the largest position in the IESO market, Rodan Energy is able to deliver significant risk-free revenue to large electricity consumers in Ontario. Combined with Rodan’s other industry-leading solutions, this ensures that customers significantly reduce their energy costs while achieving their sustainability targets.
About Rodan Energy Solutions
At Rodan Energy, our mission is to reduce the energy costs while achieving the sustainability goals of our clients. We achieve this by being the leading developer and operator of DERs (distributed energy resources), including demand response, battery energy storage, solar, electric vehicle charging, geothermal among other technologies. We bring a full suite of expertise in power systems and software engineering, DER system development and optimization, demand response, energy intelligence, together with SCADA and metering solutions. We are committed to Making Sustainable, Attainable™ for large energy consumers, distributors and producers. Learn how Rodan Energy can help you Make Sustainable, Attainable here.
For more information on how Rodan Energy can help your organization maximize its energy potential through Demand Response, visit us today.
Media Contact
Rodan Energy Solutions danielle.denstedt@rodanenergy.com 165 Matheson Blvd. East, Suite 6, Mississauga, Ontario L4Z 3K2 https://rodanenergy.com