CAISO Price Formation Enhacements Initiative
CAISO
After years in the making, CAISO released a price formation proposal intended to reduce “unnecessary” market power mitigation, strengthen reliability and provide consistent pricing incentives in the WEIM and future EDAM.
NOAA
CAISO, California and other parts of the West head into 2025 with a heavy load of priorities: implementing EDAM, developing the infrastructure needed to meet ambitious climate goals, and moving forward with new and continuing initiatives to address some of the ISO’s biggest challenges.
© RTO Insider LLC
CAISO is considering how to apply fast-start pricing to the Extended-Day Ahead Market — a topic that has been a sticking point for some as entities across the West decide which day-ahead market to join.
CAISO
The next phase of the Price Formation Enhancements Initiative will look to address issues around market power mitigation, scarcity pricing and fast-start pricing.
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