FERC approved a settlement that will grant a NextEra Energy subsidiary congestion revenue rights that CAISO denied the company in 2015.

CAISO is asking FERC for expedited review of a revised proposal to protect electricity ratepayers from funding shortfalls in its CRR market.

FERC approved CAISO’s plan to reduce the capacity available in its congestion revenue rights auctions but rejected a proposal to cut CRR payments.

CAISO prices surged in Q1 on falling hydroelectric output and increased costs for natural gas, the ISO’s Department of Market Monitoring told stakeholders.

FERC approved changes to CAISO’s congestion revenue rights auction, rejecting protesters' complaints that they eliminate legitimate hedging opportunities.

CAISO’s Board of Governors approved revisions to the ISO’s congestion revenue rights auction, and the EIM Governing Body approved Travis Kavulla as a member.

ETRACOM agreed to pay $1.9 million to settle allegations that it manipulated CAISO markets in a scheme that netted the company $315,000 in profits.

CAISO is advancing into the second phase of reforms to its congestion revenue rights (CRR) auction, focusing on implementing a structure that provides only a partial congestion hedge rather than a full one.

The CAISO Board of Governors approved a controversial proposal on congestion revenue rights and market power mitigation.

CAISO’s fourth quarter was beset by 15-minute market energy shortages and a significant shortfall in CRR auction revenues, the ISO’s Market Monitor said.