FERC Approves CAISO Intertie Penalty Price Revisions
CAISO's Nevada-Oregon Border pricing point represents power flowing into California alonge the Pacific DC Intertie. | brewbooks, CC BY-SA 2.0, via Wikimedia Commons
May 22, 2022
FERC approved tariff revisions to correct a defect in how CAISO sets penalty prices for the relaxation of intertie transmission constraints.