CAISO’s board voted to keep a small gas plant operating to and received a briefing on initiatives to revamp the ISO’s resource adequacy construct.

The CAISO board praised the work of retiring colleague David Olsen and adopted the second phase of its hybrid resource plan.

David Olsen, who until last month served as chair of the CAISO Board of Governors, plans to retire Nov. 30 after eight years of service.

CAISO said it plans to begin a stakeholder initiative on scarcity pricing with an issue paper and formal start in January.

The CAISO Board of Governors bid farewell to its retired CEO, greeted a new leader and approved a plan to implement FERC Order 831.

EIM stakeholders broadly support a proposal that would expand the Governing Body’s approval authority and grant it a “more collaborative” relationship with CAISO’s board.

CAISO presented its final proposal of its effort to make it easier for energy storage and distributed energy resources to participate in markets.

The CAISO Board of Governors adopted the first of two proposals intended to allow co-located and hybrid resources to connect to the grid more seamlessly.

CAISO’s congestion revenue rights auction continued to lose money in 2019 but less than in prior years, the Department of Market Monitoring said.

CAISO’s Board of Governors approved $141.7M in transmission spending and reliability-must-run contracts covering three power plants in Central California.