Proposal to Refine Bid Cost Recovery for Storage Passes Unanimously

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CAISO to Modify Calculation Used to Determine Bid Cost Recovery for Storage Resources

CAISO headquarters in Folsom, Calif. | © RTO Insider LLC

Nov 11, 2024 | Ayla Burnett

CAISO’s Board of Governors and the Western Energy Markets Governing Body voted unanimously to pass a proposal that will modify the calculation used to determine bid cost recovery payments for storage resources.

Battery Electric Storage CAISO Board of Governors WEIM Governing Body

Keywordsbid cost recovery (BCR)CAISO Board of Governors CAISO Department of Market Monitoring (DMM)CAISO Market Surveillance Committee CAISO Storage Bid Cost recovery and Default Energy Bids Initiative California Independent System Operator (CAISO)Western Energy Markets Governing Body

Ayla Burnett

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