California Independent System Operator (CAISO)
The California Public Utilities Commission approved guidelines for utilities to use to design dynamic electricity rates, with one commissioner asking for more research on whether implementing such rates will leave some customers further behind financially.
CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
FERC approved CAISO's Western Energy Imbalance Market implementation agreement with Imperial Irrigation District.
CAISO staff showed how the grid operator plans to implement certain parts of its Extended Day-Ahead Market, with stakeholders asking for more time to comment on what they said crossed into potential policy revisions.
CAISO’s Market Monitor is concerned about potential gaming practices and inefficient bidding behavior in the ISO’s bid cost recovery process for battery storage resources.
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