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December 8, 2024

reference level adjustment request (RLCR)

Sandia National Laboratories
FERC Approves CAISO Request to Lift Soft Offer Cap for Hydro, Storage
FERC accepted CAISO’s proposal to allow for storage resources to bid above the ISO’s $1,000/MWh soft offer cap in the real-time market to account for their intraday opportunity costs.

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