CAISO Receives FERC Approval to Increase Soft Offer Cap
A Higher Soft Offer Cap Will Better Reflect Inflation and Maintain Reliability, CAISO States
FERC on April 25 Approved CAISO's Request to Increase its Capacity Procurement Mechanism Soft Offer Cap. | Sandia National Laboratories
Apr 25, 2024
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FERC approved CAISO’s request to increase its capacity procurement mechanism soft offer cap from $6.31 per kW-month to $7.34.
