November 21, 2024

capacity procurement mechanism (CPM)

CAISO Readies for Weekend Heat Wave
CAISO called for extra capacity and conservation and put grid maintenance on hold as it faces a Labor Day weekend heat wave.
FERC Upholds Orders 860, 861
FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.
Calif. Participants Float ‘Central Buyer’ RA Plan
California stakeholders have proposed replacing the state’s resource adequacy framework with a “central buyer” responsible for procuring resources.
CAISO Defers Day-ahead, SATA Initiatives
CAISO is postponing stakeholder initiatives on day-ahead market enhancements and storage-as-transmission assets, while adding four new initiatives.
CAISO Board OKs Market Power Mitigation Remedy
CAISO’s Board unanimously approved a proposal to address concerns that the ISO’s market power mitigation rules disincentivize participation in the EIM.
CAISO
Forecast Error Prompts CAISO CPM Procurement
A forecasting error is prompting CAISO to procure a large volume of out-of-market resources for September under a special measure.
© RTO Insider
CAISO Hits Reset on Backstop Procurement Overhaul
CAISO is going back to the drawing board to overhaul its reliability-must-run (RMR) program, switching to a “holistic” approach.
FERC Rejects CAISO CPM Proposal
FERC rejected the proposed CAISO Capacity Procurement Mechanism Risk-of-Retirement (CPM ROR) program.
CAISO Board Elects New Leadership
The CAISO Board of Governors enacted new governance policies and named Governor David Olsen as chairman.
© RTO Insider
CAISO, Stakeholders Debate RMR Revisions
Flashpoints over grid reliability, market outcomes and ratepayer costs were on full display at a CAISO forum to discuss its backstop procurement policies.

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