capacity procurement mechanism (CPM)
CAISO
CAISO's Resource Adequacy Modeling and Design "workshop" is designed to reevaluate and refine several mechanisms the ISO uses to ensure resource adequacy.
CAISO
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.
Sandia National Laboratories
FERC approved CAISO’s request to increase its capacity procurement mechanism soft offer cap from $6.31 per kW-month to $7.34.
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.
Southern California Edison
The CAISO Board of Governors approved measures to boost summer reliability, including extending a requirement that batteries be charged during extreme events.
CAISO
CAISO revamped its policy initiatives roadmap to reflect its to top strategic goals including ensuring resource adequacy and expanding its Western market role.
© RTO Insider LLC
FERC reversed a decision that allowed CAISO to include an adder in the formula for offers that exceed the soft cap for its capacity procurement mechanism.
Union of Concerned Scientists
CAISO asked the Department of Energy to allow six gas generators to operate for grid reliability while potentially exceeding pollution limits.
Union of Concerned Scientists
CAISO asked the Department of Energy to allow six gas generators to operate for grid reliability while potentially exceeding pollution limits.
Shutterstock
In a rare move, CAISO will use its capacity procurement mechanism to obtain more resources after other measures fell short, threatening summer blackouts.
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