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.

CAISO’s Board unanimously approved a proposal to address concerns that the ISO’s market power mitigation rules disincentivize participation in the EIM.

A forecasting error is prompting CAISO to procure a large volume of out-of-market resources for September under a special measure.

CAISO is going back to the drawing board to overhaul its reliability-must-run (RMR) program, switching to a “holistic” approach.

FERC rejected the proposed CAISO Capacity Procurement Mechanism Risk-of-Retirement (CPM ROR) program.

The CAISO Board of Governors enacted new governance policies and named Governor David Olsen as chairman.

Flashpoints over grid reliability, market outcomes and ratepayer costs were on full display at a CAISO forum to discuss its backstop procurement policies.

CAISO has kicked off an effort to implement major changes in the way it procures backstop generation needed to maintain grid reliability.