General InformationThe IESO is Ontario's independent electricity system operator, headquartered in Toronto, with over 500 employees, founded in 1999 as a Crown corporation managing the province's power market and transmission grid.
Funding & FinancialsAs a Crown corporation owned by the Province of Ontario, the IESO operates through government funding and market revenues rather than traditional venture capital financing.
Leadership & TeamLed by President & CEO Carmine Marcone, the IESO has senior leadership including Chief Operating Officer and Chief Financial Officer overseeing market operations and financial planning.
Recent ActivityThe IESO is actively expanding Ontario's electricity market infrastructure to accommodate increased renewable energy integration and recently announced initiatives to modernize the grid for electric vehicle charging and distributed energy resources.