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California ISO Reduces RMR Contracts by 60 Percent

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Summary:

California ISO Reduces RMR Contracts by 60 Percent. Utility Resource Adequacy Contracts Replacing RMR.

Extract:

(Folsom, CA) The California Independent System Operator Corporation (California ISO) has dramatically reduced the number of Reliability Must Run (RMR) megawatts needed for 2007, going from an anticipated 9,963 megawatts down to 3,995—a reduction of nearly 60 percent. The California ISO will enact RMR contracts with 65 generating units as opposed to the 120 units originally anticipated. This will also dramatically reduce the costs associated with maintaining the RMR contracts.

Document Locations:

• News Releases - 2006