December 3, 2023

capacity procurement mechanism (CPM)

Southern California Edison
CAISO Board Approves Summer Readiness Measures
The CAISO Board of Governors approved measures to boost summer reliability, including extending a requirement that batteries be charged during extreme events.
CAISO Revises Policy Roadmap to Highlight Priorities
CAISO revamped its policy initiatives roadmap to reflect its to top strategic goals including ensuring resource adequacy and expanding its Western market role.
© RTO Insider LLC
FERC Reverts to Plan B on CAISO Capacity Procurement Mechanism
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.
Union of Concerned Scientists
DOE Orders CAISO Emergency Reliability Measures
CAISO asked the Department of Energy to allow six gas generators to operate for grid reliability while potentially exceeding pollution limits.
Union of Concerned Scientists
CAISO Seeks DOE Emergency Reliability Order
CAISO asked the Department of Energy  to allow six gas generators to operate for grid reliability while potentially exceeding pollution limits.
CAISO Issues Urgent Call for More Summer Capacity
In a rare move, CAISO will use its capacity procurement mechanism to obtain more resources after other measures fell short, threatening summer blackouts.
CAISO Readies for Weekend Heat Wave
CAISO called for extra capacity and conservation and put grid maintenance on hold as it faces a Labor Day weekend heat wave.
FERC Upholds Orders 860, 861
FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.
Calif. Participants Float ‘Central Buyer’ RA Plan
California stakeholders have proposed replacing the state’s resource adequacy framework with a “central buyer” responsible for procuring resources.
CAISO Defers Day-ahead, SATA Initiatives
CAISO is postponing stakeholder initiatives on day-ahead market enhancements and storage-as-transmission assets, while adding four new initiatives.

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