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What is with Ontario’s extremely cold winter (and when will it end)?

The recent period of low temperatures, high electricity demand, and higher-than-normal market prices have
caused many customers to call the IESO to inquire about what factors have led these market outcomes.
To assist, the IESO has created a document for customers to help explain what we are seeing:

http://www.ieso.ca/Documents/Pages/Ontario%27s-Power-System/IESO-Market-Update_Winter2014.pdf

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