bid cost recovery (BCR)
CAISO
CAISO kicked off a new Storage Design and Modeling Initiative intended to tackle an array of challenges related to the growing market participation of storage resources.
NREL
FERC approved fines on Sonoran West Solar Holdings for submitting misleading initial state of charge values that led to undue bid cost recovery payments.
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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 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
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
A new CAISO proposal seeks to address unwarranted BCR payments to storage resources, an issue that has stirred controversy over the last month.
CAISO
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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