Market Notice

March 17, 2010

 

 

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Categories

Legal/ Regulatory

Market Rules and Market Design

 

 

Make-Whole Payments Draft Tariff Language and Stakeholder Teleconference

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Summary

The California ISO posted to its website draft tariff language for stakeholder review.  Please submit written comments by close of business on March 24, 2010.  A stakeholder teleconference is scheduled for Monday, March 29, 2010 to discuss the draft tariff language.

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Main Text

The Ex Post Price Corrections – Make-Whole Payments initiative recently completed the policy development stakeholder process.  Through this initiative, the ISO developed a make-whole payment mechanism to compensate market participants for adverse financial impacts when prices are adjusted in a way that is not consistent with their accepted bids. 

 

The draft tariff language is now available on the Make-Whole Payments page on the ISO website at:  http://www.caiso.com/2453/2453ab8e10ff0.html.  Please submit written comments to caisotariff@caiso.com by close of business on March 24, 2010.  The ISO will host a stakeholder teleconference on Monday, March 29 to discuss the proposed draft tariff language and stakeholder comments. 

 

Meeting Details

Date:  Monday, March 29, 2010

Time:  9:00 a.m. to 10:00 a.m. (Pacific Time)

 

Teleconference Details

Dial-in Number:  (800) 230-1085

International Dial-in:  (612) 234-9959

 

Web Conference Information

Web Address:  www.webmeeting.att.com

Meeting Number:  5114682337

Access Code:  9842446

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For More Information Contact

Cayden Jenness at cjenness@caiso.com or (916) 608-7145

 

The California ISO strives to be a world-class electric transmission organization built around a globally recognized and inspired team providing cost-effective and reliable service, well-balanced energy market mechanisms, and high-quality information for the benefit of our customers.

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