September 29, 2024

CAISO Department of Market Monitoring (DMM)

MISO Steering Committee OKs IMM Proposals for Market Roadmap
MISO’s Steering Committee recommended that all but one of a handful of the Monitor’s oft-repeated recommendations be included on the 2018 Market Roadmap.
Monitor Report Shows Sharp Decline in CAISO Costs
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.
SPP Names CAISO’s Collins to Lead MMU
SPP named Keith Collins, CAISO manager of monitoring and reporting and former FERC official, as the new executive director of its Market Monitoring Unit.
CAISO Sees Ups and Downs in Q4 Real-time Prices
The CAISO real-time market experienced an uptick in volatility during Q4 of 2016, as five-minute prices spiked to well above day-ahead and 15-minute levels.
Changes to Put CAISO Market Monitor Under Full Board Oversight
The CAISO Board of Governors approved a measure investing the board with complete oversight authority over the grid operator’s internal Market Monitor.
Report Shows Continued Losses in CAISO CRR Auctions
CAISO last year paid out $47 million more to congestion revenue rights (CRR) holders than it took in from its auctions, the ISO’s IMM has found.
EIM Sees Sharp Increase in Flexible Ramping Test Failures
The Energy Imbalance Market (EIM) experienced a “dramatic uptick” in failed ramping capacity tests in November and December, the CAISO IMM reported.
CRR Initiative Elicits Mixed Reviews from CAISO Participants
The CAISO decision to possibly prioritize reforms to its congestion revenue rights auctions in 2017 has provoked mixed reactions from stakeholders.
CAISO Monitor Proposes Fixes for EIM Market Power Concerns
The CAISO internal Monitor is proposing new enforcement measures to address market power concerns in the Energy Imbalance Market.
UPDATE: CAISO Monitor Proposes End to Revenue Rights Auction
The CAISO internal Market Monitor reported that the program for auctioning off congestion revenue rights suffers from inherent design flaws.

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