June 18, 2008

 

 

Requested Client Action Mark Your Calendar

Categories

Market Rules and Market Design

 

 

Uneconomic Adjustment Policy - Draft Tariff Language Review

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Summary

The CAISO has postponed the posting of draft tariff language for the Uneconomic Adjustment Policy scheduled for today, June 18, 2008.  The draft tariff language will address the three FERC filing items discussed within the Parameter Tuning stakeholder process.  CAISO will notify stakeholders when the tariff language review is rescheduled.

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Main Text 

The California ISO (CAISO) is revising the schedule for posting draft tariff language for the Uneconomic Adjustment Policy, which will address the three items identified for a July Federal Energy Regulatory Commission (FERC) filing within the Parameter Tuning effort.  The Uneconomic Adjustment Policy involves the following three tariff changes:

 

·         Modifying the requirement that all economic bids must be utilized before adjusting self-schedules

·         Providing additional clarity regarding ancillary service pricing when one or more ancillary service requirements is not fully met in the market solution

·         Meeting an existing FERC compliance requirement to clarify existing tariff language that specifies the procedure for mitigating potentially extreme curtailments of Demand that is self-scheduled using a Load Aggregation Point (LAP)

 

CAISO will announce the new schedule for the stakeholder tariff language review shortly in a subsequent market notice.

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For More Information Contact

Cynthia Hinman at 916-608-7060 or chinman@caiso.com