California Independent System Operator (CAISO)
State energy officials are “cautiously optimistic” about maintaining grid reliability during the upcoming summer, with California poised to benefit from above-normal snowpack and precipitation coupled with the probability of mild conditions in its coastal regions.
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
This summer should bring high temperatures and electricity demand but flat power prices as cheaper fuel offsets heavy load, according to a FERC assessment.
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
CAISO officials are optimistic about the grid’s performance this summer, as the system has added 4.5 GW of nameplate capacity since September with another 4.5 GW on the way.
Lack of visibility into the contract and availability status of the fleet is causing “inefficiencies” in CAISO’s capacity procurement mechanism process, staff and stakeholders said.
SPP says its stakeholder-driven culture is key to Markets+' success in the Western Interconnection.
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
Backers of the West-Wide Governance Pathways Initiative say they want to move quickly on first part of their proposed plan to shift CAISO’s governance to an independent entity.
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