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Reliability Capacity Services Tariff (RCST)

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Summary:


Reliability Capacity Services Tariff (RCST), Market Surveillance Committee Meeting, November 9, 2005


Extract:

Reliability Capacity Services Tariff (RCST), Market Surveillance Committee Meeting, November 9, 2005, Presentation Problem Statement: 1) How to design CAISO "backstop" mechanism for procuring supply capacity - for local or system needs - beyond what is designated by LSEs to fulfill Resource Adequacy Requirements (RAR), 2) Absent RA contracts, some needed local resources may not be viable on spot market opportunities alone and 3) Existing annual RMR is not an optimal mechanism.


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