Congestion Revenue Rents Still Underfunded, CAISO DMM Says
CAISO Staff and Stakeholders Consider CRR Underfunding Issue as a Stakeholder Initiative
Congestion revenue rent auctions are still suffering significant losses, despite prior rule changes, according to CAISO staff and stakeholders. | Gridwell Consulting
Apr 24, 2024
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Congestion revenue rights auctions averaged $62 million in losses between 2019 and 2023, down nearly $50 million since changes were implemented in 2019 but “still very high,” said CAISO’s Department of Market Monitoring.
