MRTU Scope, Schedule and Budget Changes Accommodate Stakeholder, FERC Market Elements
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Summary:
News Release December 19, 2006: MRTU Scope, Schedule and Budget Changes Accommodate Stakeholder, FERC Market Elements
Extract:
(Folsom, CA) The California Independent System Operator Corporation (California ISO) Board of Governors today agreed to extend the implementation date of the Market Redesign and Technology Upgrade (MRTU) program from November 2007 to January 31, 2008.
The California ISO has received direction on MRTU from the Federal Energy Regulatory Commission (FERC) in a September 21, 2006 order that reflects stakeholder comments received by FERC. The order calls for 43 modifications to the MRTU market design. That, combined with stakeholder and California ISO-generated scope changes, drives the need for the schedule extension.
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