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Fact Sheet

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Summary:


FACT SHEET, SEPTEMBER 21, 2006, CALIFORNIA INDEPENDENT SYSTEM OPERATOR, MARKET REDESIGN AND TECHNOLOGY UPGRADE (MRTU)


Extract:

The following relevant facts provide a broad overview of the Federal Energy Regulatory Commission’s action today on the California Independent System Operator’s (CAISO) proposed MRTU tariff: • The changes represent important, but incremental improvements to the existing market design. MRTU does not create organized markets in California. They already exist, and MRTU actually makes reforms to ensure that they function properly. Moreover, these reforms are based on an extensive record reflecting input from numerous parties inside and outside of California. More....


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