Price Formation Enhancements Working Group
Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.
CAISO staff and stakeholders are looking to address an inconsistency in how the ISO tests for structural market competitiveness inside and outside of its balancing authority area in the Western Energy Imbalance Market.
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