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, Northern Development and Mines (the “Minister”) is committed to maximizing the cost-efficient use of electricity resources while continuing to ensure the adequacy and reliability of Ontario’s electricity system, in a manner that seeks to reduce the costs that all consumers pay for electricity;

And whereas it is desirable that the Minister brings forward an initiative designed to address the costs referred to herein;

And whereas the Minister may, with the approval of the Lieutenant Governor in Council, issue directives under subsections 25.32(5) and (11) of the Electricity Act, 1998 (the “Act”) that require the Independent Electricity System Operator to undertake any initiative or activity that relates to electricity supply, capacity or storage and may amend or revoke a direction previously issued for that purpose;

Now therefore the Directive attached hereto is approved.

Minister's Directive

Ministry of Energy, Northern Development and Mines

Approved and Ordered: July 05, 2018