Western EIM Governing Body
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.
CAISO is looking at scrapping a catalog of about 60 proposed policies, which include many stakeholder suggestions, saying the document has become “unwieldy” and it might be better to start over from scratch.
The CAISO Board of Governors and Western Energy Imbalance Market Governing Body adopted resource sufficiency and storage changes to promote summer reliability.
The EIM Governing Body elected Jennifer Gardner to replace retiring member Carl Linvill and appointed Anita Decker as its new chair.
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