IESO Releases Final LT2 Documents, Trade and Tariff Webinar

IESO Launches Second Long-Term Electricity Procurement 

The Independent Electricity System Operator (IESO) has posted the final documents for the second long-term procurement (LT2) of electricity generation and storage projects. This marks the official launch of LT2 during which municipalities will be asked to make decisions about local support for projects in advance of the project submission deadlines. LT2 is divided into two separate streams with different deadlines. The deadline for Energy Stream projects (e.g. renewable electricity generation) is October 16, 2025. The deadline for Capacity Stream projects (e.g. battery energy storage sites) is December 18, 2025.

The IESO has forwarded a letter to municipal officials with context about LT2 and the municipal role, and has released a guide about the requirements for municipalities and developers during the LT2 process. The IESO is also hosting a webinar on July 10 to review the LT2 guidelines. They are also hosting a webinar for municipalities and Indigenous communites, along with a dedicated municipal breakout session on July 17. 

Earlier this year, AMO released our Guidance Resources for Electricity Procurements to support municipalities in their important decision making role as part of the province’s ongoing electricity procurements.  

AMO to host Trade and Tariff Webinar led by Oxford Economics 

In a rapidly shifting global landscape, understanding macro-economic trends is crucial for municipal planning and financial sustainability. To support elected officials better navigate this landscape, AMO has partnered with Oxford Economics to host a webinar on July 30, 2025 from 4:00pm – 5:00pm titled Navigating Economic Headwinds: Impacts on Municipal Infrastructure & Finance and Local Economies. The webinar will provide essential context and insights to help municipal elected officials anticipate, explain and adapt to potential challenges and opportunities, particularly concerning critical infrastructure investments. Register now over Zoom. Engagement limited to first 500 registrants. 

The webinar will include content on: 

• Canadian economic outlook with a focus on the global trade war and other key drivers of the forecast
• How Canadian macro trends translate to Ontario and its local economies
• The potential impact of tariffs on municipal infrastructure construction costs
• Q&A with panelists