California Independent System Operator (CAISO)
CAISO is finalizing a set of changes to its resource adequacy program, with plans to vote on three proposals at an upcoming Board of Governors meeting,
After years in the making, CAISO released a price formation proposal intended to reduce “unnecessary” market power mitigation, strengthen reliability and provide consistent pricing incentives in the WEIM and future EDAM.
The California Public Utilities Commission approved guidelines for utilities to use to design dynamic electricity rates, with one commissioner asking for more research on whether implementing such rates will leave some customers further behind financially.
CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
FERC approved CAISO's Western Energy Imbalance Market implementation agreement with Imperial Irrigation District.
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