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CAISO REV market mitigation heat wave — Hildebrandt | © RTO Insider

Monitor: CAISO Q2 Prices Hit Record Despite Mitigation

Sep 26, 2017

Western Energy Imbalance Market (WEIM) / Energy Market

By Jason Fordney California’s scorching heat and soaring load pushed CAISO day-ahead energy prices to record highs in the second quarter after the ISO’s market mitigation measures unexpectedly failed. CAISO’s Department of Market Monitoring (DMM) said it will investigate some of last quarter’s day-ahead market outcomes that may be rooted...

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