capacity procurement mechanism (CPM)
The California PUC (CPUC) will vote on a proposal to replace reliability-must-run contracts between CAISO and Calpine.
CAISO unveiled its latest revisions to a program meant to compensate uneconomic generation units needed to maintain reliability.
A CAISO proposal released would allow power producers to temporarily suspend the operations of unprofitable generators not needed for system reliability.
CAISO stakeholders voiced skepticism about the effectiveness of a new ISO initiative to prevent early retirement of unprofitable generators.
The CAISO Board of Governors approved an ISO request to designate two Calpine natural gas-fired plants as reliability-must-run (RMR) despite criticism.
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