May 13, 2008

 

 

Requested Client Action Information Only

Categories

Settlements and Market Clearing

 

 

GFN Adjustments to Publish on 5/16/08

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Summary

On May 16, 2008 the CAISO will publish the March 25, 2008 Preliminary Settlement Statement, which will include adjustments based on an approved Good Faith Negotiation (GFN).  The impacted Charge Types are 407, 4450, 1010, 1401 and 1210, and cover the period December 4, 2002 to May 31, 2005.

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Main Text 

On May 16, 2008 the California ISO (CAISO) will publish the March 25, 2008 Preliminary Settlement Statement, which will include adjustments based on an approved GFN for the period December 4, 2002 to May 31, 2005.  The impacted Charge Types (CTs) are 407, 4450, 1010, 1401 and 1210.

 

The CAISO will consolidate the sub-hourly adjustments into monthly totals on the Settlement Statement, with trade date reflected as the impacted month-end trade date and the trade hour and sub-hour interval of one.  The actual calculation will be performed at the sub-hour interval level. 

 

• Adjustments to credit/charge the Scheduling Coordinator (SC) party to the GFN will be reflected under CTs 407 and 4450

 

• Sub-hourly control area metered demand allocations will be allocated under CTs 1010, 1401 and 1210

 

To assist the SCs in validating their statements, the CAISO has posted the control area metered demands and allocation amounts for CTs 1010, 1401, and 1210, for all impacted sub-hour intervals, on its website at: http://www.caiso.com/1fc5/1fc5cee664ec0.xls.

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For More Information Contact

Robert Delizo at RDelizo@caiso.com