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Notice
August 20, 2020

REQUESTED ACTION

Information Only

CATEGORIES

Markets
California ISO Suspends Convergence Bidding for 8/22/20 due to Current System Conditions

MESSAGE

As a result of the record breaking heat wave that has led to load curtailments, the California ISO has determined that convergence bidding is detrimentally affecting the ISO’s ability to maintain reliable grid operations.

 

Therefore, pursuant to Section 7.9 of the ISO tariff, the ISO is suspending the ability of all Scheduling Coordinators to submit virtual bids for trading day Aug. 22, 2020.

 

The ISO may suspend the ability to submit virtual bids for subsequent trading days if adverse conditions continue. The ISO will issue a market notice to inform Scheduling Coordinators of future suspensions.


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ISO Customer Service at 916-608-7320
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California Independent System Operator | P.O. Box 639014 | Folsom, CA 95630 | United States