CAISO Backtracks on Proposal to Refine Battery BCR

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Proposed Solution May Not Reduce BCR Payments Because of Optimization Issue

BCR payments from January to July 2024 from buy-backs of day-ahead schedules due to insufficient state of charge. | CAISO

Sep 12, 2024 | Ayla Burnett

CAISO is reconsidering its proposal to address unwarranted bid cost recovery payments for storage resources following internal analysis that suggested the proposed solution wouldn’t sufficiently address the problem.

Battery Electric Storage CAISO/WEIM Energy Market

Keywordsbid cost recovery (BCR)CAISO Department of Market Monitoring (DMM)CAISO Market Surveillance Committee CAISO Storage Bid Cost recovery and Default Energy Bids Initiative California Energy Storage Alliance (CESA)California Independent System Operator (CAISO)Customized Energy Solutions Vistra Energy

Ayla Burnett

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