California Independent System Operator (CAISO)
FERC approved $2.3 million in penalties against Vitol and one of its traders for manipulating CAISO's market in 2013 to limit losses stemming from the firm's congestion revenue rights position.
The partial solar eclipse of Oct. 14, 2023, knocked 4,500 MW of solar generation off the CAISO grid — about 1,000 MW more than the reduction seen during the August 2017 total eclipse.
Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
The group working to establish a single Western RTO heard summaries of five potential options for a new governing body that could be independent of CAISO.
CAISO's Department of Market Monitoring explained that self-scheduled exports to support stressful conditions led to the declaration of emergency alerts in July.
CAISO staff and stakeholders again dove into the details of the ISO’s resource adequacy construct, including potentially creating year-ahead requirements and refining the existing capacity procurement mechanism.
CAISO’s net energy exports have increased sharply this year, with imports being displaced by increased output from California’s hydroelectric and natural gas resources.
The committee tasked with laying the groundwork for an independent Western RTO is confronting a complex set of challenges on an ambitious timeline.
CAISO is moving quickly to gain approval for a proposed transmission line that would allow California to meet targets for tapping Idaho wind resources while helping both states bolster their resource adequacy.
Want more? Advanced Search