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Order in Council 137/2022

On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

Whereas the Minister of Energy ("Minister”), is committed to ensuring that Ontario has an affordable and reliable electricity system, while continuing to find further cost efficiencies in the electricity sector;

And

whereas it is desirable that the Independent Electricity System Operator (" IESO ") assist the Government to ensure that Ontario continues to have a reliable and affordable electricity system;

And

whereas the Minister may, with the approval of the Lieutenant Governor in Council, issue directives under subsection 25.32(5) of the Electricity Act, 1998 that require IESO to undertake any initiative or activity that relates to, amongst other matters, electricity supply or capacity.

Now therefore the Directive attached hereto is approved as of the date hereof.

Directive

Ministry of Energy

Approved and Ordered:

January 27, 2022

Updated: June 29, 2022

Published: February 10, 2022