California ISO

Markets and Performance (MAP)

In September 2006, the Federal Energy Regulatory Commission (FERC) ordered the California ISO (the ISO) to implement several market elements that are not part of the MRTU program. Working with its stakeholders, the ISO ranked an initial set of the most beneficial enhancements. These enhancements, detailed in the Markets and Performance (MAP) Initiative Summary, are scheduled to be in place within 12 months after the MRTU Go Live date. The MAP elements include: 

Competitive Path Assessment (CPA)
Convergence Bidding
Demand Response
Multi-Stage Generating (MSG) Unit Modeling
Pricing Logic Under Flexible Modeling of COG Units
Scarcity Pricing

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