CALIFORNIA ISO MARKET NOTICE

Requested Client Action:  Mark Your Calendar

 

Date of Distribution:  February 5, 2008

 

Categories:  Market Rules and Market Design

 

Subject:  Joint Market Surveillance Committee/Stakeholder Meeting on 2/8/08

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Summary:  The CAISO is hosting a joint Market Surveillance Committee/Stakeholder meeting on February 8, 2008.  The CAISO has posted a draft agenda and other documents related to this meeting.

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Main Text:  The California ISO (CAISO) is hosting a joint Market Surveillance Committee (MSC)/Stakeholder meeting on February 8 to review elements of the Market Release 1A, which will be the first major enhancement to the CAISO’s market design after the start-up of the Market Redesign and Technology Upgrade (MRTU) markets. 

 

The scope of Market Release 1A was summarized in a recent public memorandum to the CAISO Board of Governors, which is posted at:  http://www.caiso.com/1c73/1c73b00f5e3a2.pdf.  Additional information about these Market Release 1A features and the process by which future market enhancements are prioritized is posted at:  http://www.caiso.com/1822/1822931f287d0.html.

 

For the MSC/Stakeholder discussion on February 8, the CAISO has posted new papers related to the following agenda items:

 

• Convergence Bidding: Revised Proposal for Cost Allocation - http://www.caiso.com/1f60/1f60e10811e40.pdf
• Relaxing the DEC Bidding Rule on Final Day Ahead Schedules - http://www.caiso.com/1f60/1f60e3f42e760.pdf
• Pricing Logic for Constrained Output Generation (COG) - http://www.caiso.com/1f60/1f60e4372fe40.pdf

 

The CAISO previously posted the following relevant papers for the February 8 discussion on these agenda items:

 

• Demand Response Functionality for Market Release 1A - http://www.caiso.com/1c91/1c919e0e11c30.pdf

• Scarcity Pricing: Interaction with Demand Response and Virtual Bidding - http://www.caiso.com/1bef/1bef12b9b420b0.html

 

The CAISO will post presentations for these agenda items by close of business today to its website at http://www.caiso.com/1f5c/1f5ce7433e1e0.html.

 

Meeting Details

Date:  Friday, February 8, 2008

Time:  9:00 a.m. to 5:00 p.m. (Pacific Time)

Location:  CAISO Offices, 101 Blue Ravine Road, Folsom, CA

Dial-in Number:  888-428-4480

 

Web Conference Information

Web Address (URL):  https://www.webmeeting.att.com

Meeting Number:  866-205-4243

Access Code:  6305743

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For More Information Contact:  Kimberly Perez at 916-608-7050 or kperez@caiso.com