CAISO’s Department of Market Monitoring discussed the ISO’s third-quarter market results with participants.

CAISO day-ahead prices hit all-time highs for the second time this year during the third quarter, the ISO’s Department of Market Monitoring said.

CAISO’s internal Market Monitor provided more details about the extreme day-ahead price spikes occurring over a three-day period in June.

CAISO sought to address stakeholder concerns in its final proposal for preventing the retirement of power plants that may be needed for system reliability.

CAISO’s Department of Market Monitoring amplified its opposition to a fundamental aspect of the ISO’s plan for commitment cost mitigation.

CAISO's Monitor submitted comments on the ISO’s straw proposal for its Commitment Cost and Default Energy Bid Enhancements (CCDEBE) initiative.

Energy transfer capacity in the EIM footprint is now sufficient to justify removing bid limits that are in effect for some members, the CAISO Monitor says.

A CAISO official told stakeholders that reforms to the congestion revenue rights auctions will come only after painstaking analysis.

CAISO’s wholesale costs to serve load last year fell by 9%, the lowest nominal expense since 2008, according to an annual market performance report.

Financial traders made clear that they won’t give up the CAISO congestion revenue rights auctions without a fight at a meeting on the auctions’ shortfalls.