CAISO Resource Adequacy Modeling and Program Design Working Group
CAISO’s Board of Governors approved two proposals intended to improve how the ISO calculates resource adequacy values and tracks RA supply.
CAISO’s Market Monitor cautioned that a new resource adequacy proposal could lead to strategic gaming in the ISO’s market when capacity supplies are tight on the grid.
CAISO is finalizing a set of changes to its resource adequacy program, with plans to vote on three proposals at an upcoming Board of Governors meeting,
CAISO's Resource Adequacy Modeling and Design "workshop" is designed to reevaluate and refine several mechanisms the ISO uses to ensure resource adequacy.
Lack of visibility into the contract and availability status of the fleet is causing “inefficiencies” in CAISO’s capacity procurement mechanism process, staff and stakeholders said.
CAISO staff and stakeholders are looking to re-evaluate the RA Availability Incentive Mechanism and explore whether it should be replaced with a new program using an unforced capacity construct to ensure sufficient RA capacity.
CAISO staff and stakeholders again dove into the details of the ISO’s resource adequacy construct, including potentially creating year-ahead requirements and refining the existing capacity procurement mechanism.
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