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November 21, 2024

bid cost recovery (BCR)

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Proposal to Refine Bid Cost Recovery for Storage Passes Unanimously

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.

CAISO
CAISO Backtracks on Proposal to Refine Battery BCR
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.
RWE
CAISO Adjusts Timeline for Storage Bid Cost Recovery Initiative
Responding to stakeholder pushback, CAISO has extended the timeline of its initiative refining bid cost recovery provisions for storage resources to allow for more discussion.
Bureau of Land Management California
CAISO Proposal Seeks to Refine Storage Bid Cost Recovery
A new CAISO proposal seeks to address unwarranted BCR payments to storage resources, an issue that has stirred controversy over the last month.
CAISO
CAISO Kicks off Storage Bid Cost Recovery Stakeholder Initiative

Batteries may be receiving excessive or inefficient bid cost recovery payments in CAISO, an issue that could be exacerbated by the ISO’s recent move to increase its soft offer cap to allow for higher bids by storage resources.


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