capacity procurement mechanism (CPM)
The CAISO Board of Governors approved measures to boost summer reliability, including extending a requirement that batteries be charged during extreme events.
CAISO revamped its policy initiatives roadmap to reflect its to top strategic goals including ensuring resource adequacy and expanding its Western market role.
FERC reversed a decision that allowed CAISO to include an adder in the formula for offers that exceed the soft cap for its capacity procurement mechanism.
CAISO asked the Department of Energy to allow six gas generators to operate for grid reliability while potentially exceeding pollution limits.
CAISO asked the Department of Energy to allow six gas generators to operate for grid reliability while potentially exceeding pollution limits.
In a rare move, CAISO will use its capacity procurement mechanism to obtain more resources after other measures fell short, threatening summer blackouts.
CAISO called for extra capacity and conservation and put grid maintenance on hold as it faces a Labor Day weekend heat wave.
FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.
California stakeholders have proposed replacing the state’s resource adequacy framework with a “central buyer” responsible for procuring resources.
CAISO is postponing stakeholder initiatives on day-ahead market enhancements and storage-as-transmission assets, while adding four new initiatives.
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