CAISO Department of Market Monitoring (DMM)
CAISO
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
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Establishing a fast-start pricing mechanism in CAISO and the WEIM is complex and brings few benefits compared to other potential market enhancements, the ISO's Department of Market Monitoring said.
Grid Status
Answering the question isn’t easy, according to CAISO staff and other electric industry experts, who say that while batteries are having a notable impact, several factors complicate the narrative that they’re displacing gas on the grid.
CAISO
CAISO kicked off a new Storage Design and Modeling Initiative intended to tackle an array of challenges related to the growing market participation of storage resources.
CAISO
CAISO's Department of Market Monitoring reported that the ISO saw “one of the highest demand peaks” in recent years in 2024.
NREL
FERC approved fines on Sonoran West Solar Holdings for submitting misleading initial state of charge values that led to undue bid cost recovery payments.
CAISO
CAISO has launched an initiative to improve its congestion revenue rights market by addressing issues such as revenue inadequacy and auction efficiency.
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CAISO’s Board of Governors and the Western Energy Markets Governing Body voted unanimously to pass a proposal that will modify the calculation used to determine bid cost recovery payments for storage resources.
CAISO
First-quarter electricity prices in CAISO markets were down sharply from the same period in 2023, despite sharp spikes during the January cold snap in the Pacific Northwest, the ISO’s Department of Market Monitoring said.
CAISO
CAISO is reconsidering its proposal to address unwarranted bid cost recovery payments for storage resources following internal analysis that suggested the proposed solution wouldn’t sufficiently address the problem.
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