California Independent System Operator (CAISO)
CAISO
CAISO staff and stakeholders are looking to re-evaluate the RA Availability Incentive Mechanism and explore whether it should be replaced with a new program using an unforced capacity construct to ensure sufficient RA capacity.
IBEW
The change of heart comes as participants in the West-Wide Governance Pathways Initiative work to build the framework for an independent RTO.
FERC
FERC approved $2.3 million in penalties against Vitol and one of its traders for manipulating CAISO's market in 2013 to limit losses stemming from the firm's congestion revenue rights position.
CAISO
The partial solar eclipse of Oct. 14, 2023, knocked 4,500 MW of solar generation off the CAISO grid — about 1,000 MW more than the reduction seen during the August 2017 total eclipse.
© RTO Insider LLC
Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.
© RTO Insider LLC
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
Westside Governance Pathways Initiative
The group working to establish a single Western RTO heard summaries of five potential options for a new governing body that could be independent of CAISO.
CAISO
CAISO's Department of Market Monitoring explained that self-scheduled exports to support stressful conditions led to the declaration of emergency alerts in July.
CAISO
CAISO staff and stakeholders again dove into the details of the ISO’s resource adequacy construct, including potentially creating year-ahead requirements and refining the existing capacity procurement mechanism.
BC Hydro
CAISO’s net energy exports have increased sharply this year, with imports being displaced by increased output from California’s hydroelectric and natural gas resources.
Want more? Advanced Search