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December 06, 2022
Home » FERC OKs Local Market Power Measures for CAISO
The diagrams illustrate how CAISO will revise its local market power bid mitigation procedure with an additional "mitigation run" incorporated into the financially binding market run for procuring real-time energy. | CAISO
By Robert Mullin FERC has approved CAISO’s plan to fine-tune its procedure for preventing generators from exercising market power during local transmission constraints. The provision allows the ISO to increase the frequency of its intra-hour “mitigation runs” designed to determine whether transmission congestion is temporarily providing certain generators with market...
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