News From CAISO/WECC
Salt River Project signed an agreement with CAISO that puts the utility on track to join with the Western Energy Imbalance Market in April 2020.
CAISO is curtailing an increasing volume of renewable generation this spring as the ISO sees its “duck curve” already dipping to levels not forecast to occur until 2021.
Financial traders made clear that they won’t give up CAISO’s congestion revenue rights auctions without a fight, sparring with the ISO’s Monitor at the first meeting to discuss the auctions’ revenue shortfalls.
CAISO management is considering whether to approve two low-cost transmission upgrade projects using an accelerated procedure that bypasses the usual stakeholder process.