May 5, 2025 – Renewgridtech, a leader in energy intelligence and grid optimization, has launched MarketIQ™ a powerful redesigned electricity markets intelligence platform that enables energy market participants to maximize profits, reduce risk, and dynamically engage with electricity markets through real-time, historical, and predictive insights.
MarketIQ™ builds upon Renewgridtech’s industry-leading Sygration platform – the industry standard for over two decades. The enhanced and rebranded platform, was built around the IESO’s Market Renewal Program (MRP), launched on May 1, 2025. MRP is a transformative initiative that has fundamentally changed how electricity is supplied, scheduled, and priced. As a result, market participants have adopted MarketIQ’s advanced, data-driven tools to remain competitive and responsive in an increasingly dynamic energy landscape.
“This launch marks another major innovation for Renewgridtech’s Technology and Enterprise Data Team” said Andre Sochaniwsky, Chief Operating Officer of Renewgridtech. “By harnessing over two decades of historical data, with leading energy market intelligence and data science, MarketIQ™ provides the tools to make faster, smarter decisions—while actively reducing risk and unlocking greater profitability. It’s not about reacting quickly – it’s about making timely, intelligent and profitable decisions – effortlessly and confidently.”
“Observing the first few days of MRP, we have witnessed significant real-time price volatility in the wholesale market,” stated Paul Grod, Founder and CEO of Renewgridtech. “The Ontario Zonal Price (OZP) spiked to over $150/MWh, with multiple instances of prices jumping by more than $50/MWh within an hour. Utilizing the insights of MarketIQ™, our clients can maximize the economic value of their resources and reduce the risk of a volatile real-time market.”
“MarketIQ™ is another valuable solution by Renewgridtech that ensures our clients optimize their economic value while achieving their sustainability goals. As MRP and other energy market restructuring initiatives reshape the landscape, this platform will continue to evolve to provide our clients with the tools they need to succeed.”
Learn how MarketIQ™ and our energy advisory team can help you.
About Renewgridtech
We Make Sustainable, Attainable™ by enabling our customers to optimize their energy resources, sustainability goals, and power reliability.
Renewgridtech develops and optimizes energy resources connected to the power grid for producers, large users, and distributors of electricity. For over 20 years, Renewgridtech has been delivering valuable solutions to our clients, including: Distributed Energy Resources (DER) Solutions, Demand Response Solutions (DRS), Energy Intelligence Solutions (EIS), and Power System Solutions (PSS).
Media Inquiries:
Danielle Denstedt, Marketing Manager
Renewgridtech Inc.
marketing@rnwgtech.com
