Calendar
Today's Outlook
Recent Documents
News
Careers
Contact Us
About Us
Our Business
Our Leadership
Our Commitment
Careers
News
Industry Insights
Participate
New Participant Contact Form
Scheduling Coordinator
Generation
Load
Metered Subsystem
Transmission
Utility Distribution Company
Metering and Telemetry
Market Products
Application Access
Training
Stay Informed
Currently selected
Board and Committees
Stakeholder Processes
Release Planning
Renewables and Demand Response Integration
Notifications
Meetings and Events
Recent Documents
Bulletins Reports and Studies
Papers and Proposals
Regulatory Filings and Orders
Planning
Generator Interconnection
Reliability Requirements
Transmission Planning
Reports and Bulletins
Market & Operations
Market Processes
Products and Services
Network And Resource Modeling
Outage Management
Interchange Scheduling
Metering and Telemetry
Settlements
Transmission Operations
Power Contracts Bulletin Board
Reports and Bulletins
Market Monitoring
Rules
Regulatory
Business Practice Manuals
Operating Procedures
Requirements and Guidelines
Legal Policies and Notices
Contracts and Agreements
About Us
Participate
Stay Informed
Currently selected
Lists
Libraries
Planning
Market Operations
Rules
Contact Us
Archive
Performance Point Testing
IP&S Activities
Doing Business
FASTSearch
Rollup Image
About Us
Participate
Stay Informed
Currently selected
Board and Committees
Stakeholder Processes
Release Planning
Renewables and Demand Response Integration
Notifications
Meetings and Events
Recent Documents
Bulletins Reports and Studies
Papers and Proposals
Regulatory Filings and Orders
Planning
Market & Operations
Rules
Home
>
Stay Informed
>
Stakeholder Processes
>
Completed Stakeholder Processes
>
Transitional capacity procurement mechanism initiative
Page Content
Transitional capacity procurement mechanism initiative
The California ISO will conduct a stakeholder process to discuss development of a backstop capacity mechanism/must-offer pricing scheme to be effective before the 2008 high-demand summer season. This product, the Transitional Capacity Procurement Mechanism, would be the successor to the current Reliability Capacity Services Tariff. It would be filed with the Federal Energy Regulatory Commission in late March 2008 to be effective for the period June 1, 2008 until implementation of the Market Redesign and Technology Update project. The Transitional Capacity Procurement Mechanism would be superseded by the Interim Capacity Procurement Mechanism at the start-up of the Market Redesign and Technology Update project.
Outcome
The Transitional Capacity Procurement Mechanism (TCPM) was approved by the Federal Energy Regulatory Commission in an order issued on May 30, 2008. The TCPM enables the California ISO (the ISO) to acquire generation capacity to maintain grid reliability if load serving entities fail to meet resource adequacy requirements; procured resource adequacy resources are insufficient; or unexpected conditions, i.e., “Significant Events,” create the need for additional capacity. The TCPM serves as a bridge between the Reliability Capacity Services Tariff and the proposed Interim Capacity Procurement Mechanism (ICPM) which the ISO intends to implement simultaneously with its Market Redesign Technology Upgrade (MRTU). The TCPM became effective on June 1, 2008, and will terminate upon the effective date of MRTU and ICPM implementation.
Process
ISORichHTML
© Copyright 2010 SiteName