capacity procurement mechanism (CPM)
CAISO has kicked off an effort to implement major changes in the way it procures backstop generation needed to maintain grid reliability.
The California PUC (CPUC) will vote on a proposal to replace reliability-must-run contracts between CAISO and Calpine.
CAISO unveiled its latest revisions to a program meant to compensate uneconomic generation units needed to maintain reliability.
A CAISO proposal released would allow power producers to temporarily suspend the operations of unprofitable generators not needed for system reliability.
CAISO stakeholders voiced skepticism about the effectiveness of a new ISO initiative to prevent early retirement of unprofitable generators.
The CAISO Board of Governors approved an ISO request to designate two Calpine natural gas-fired plants as reliability-must-run (RMR) despite criticism.
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