Market Notice

June 23, 2010

 

 

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Categories

Legal/ Regulatory

Market Rules and Market Design

 

 

New Markets Recalculation Window Draft Tariff Language and Stakeholder Call 07/02/10

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Summary

The California ISO has posted draft New Markets Recalculation Window tariff modifications and has scheduled a stakeholder call for July 2, 2010 to review the proposed draft language.  Please submit written comments by close of business June 30, 2010.

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Main Text

The California ISO completed a stakeholder process to close the gap that exists between the April 1, 2009 start-up of the new market and the November 1, 2009 implementation with the of payment acceleration where no defined settlement statement publishing timeline exists in the applicable ISO tariff provisions beyond the T+76 Recalculation Settlement Statement.  To resolve the situation, the ISO is proposing to bridge the gap between trading days April 1, 2009 and November 1, 2009 with a defined settlement publication routine, ample validation and dispute opportunities, and a sunset provision that are consistent with the principles of payment acceleration already in place.

 

The ISO has posted New Markets Recalculation Window draft tariff language to its website at http://www.caiso.com/2755/2755eb2670a00.html and has scheduled a stakeholder call for July 2, 2010 to review the proposed draft language.  Please submit comments to caisotariff@caiso.com by close of business June 30, 2010 for discussion during the call.

 

Meeting Details

Date:  Friday, July 2, 2010

Time:  10:00 a.m. – 11:00 a.m. (Pacific Time)

 

Teleconference Information

Dial-in Number:  (800) 230-1074

International Dial-in:  (612) 234-9960

 

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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