News From CAISO/WECC
A California lawmaker introduced a bill in the State Assembly that would require utilities to meet an increasing amount of their peak energy demand with renewables and storage.
CAISO’s real-time market experienced an uptick in volatility during the fourth quarter of 2016, as five-minute prices at times spiked to well above day-ahead and 15-minute levels.
CAISO’s Board of Governors approved a measure investing the board with complete oversight authority over the grid operator’s internal Market Monitor.
CAISO is preparing to deal with an inevitable flood of energy oversupply this spring, when unusually high levels of hydro output are expected to compound the impact of growing solar penetration.