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Market Notice
November 1, 2018

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Department of Market Monitoring Quarterly Market Issues and Performance Report Posted, Web Conference 11/06/18

MESSAGE

The California ISO Department of Market Monitoring has scheduled a stakeholder web conference on Nov. 6, 2018 to discuss the analysis and findings of its third quarter 2018 Market Issues and Performance Report, available on the ISO website at http://www.caiso.com/Documents/2018-ThirdQuarterReport-MarketIssuesandPerformance.pdf.

 

The third quarter 2018 Market Issues and Performance Report includes coverage of market performance in both the day-ahead and energy imbalance market. Highlights include price increases and record high day-ahead prices driven in part by high natural gas prices, particularly at the SoCal Citygate trading hub. Bid cost recovery payments increased to about $88 million, the highest amount in any quarter since 2011. Real-time imbalance offset charges increased to $79 million and costs for ancillary services increased to $77 million. Congestion revenue rights auction revenues were $41.5 million less than payments made in the third quarter to non-load-serving entities purchasing these rights.

 

Information related to market monitoring is available at http://www.caiso.com/market/Pages/MarketMonitoring/Default.aspx.

 

Meeting Details:

Date: Nov. 6, 2018

Time: 1 p.m. - 2 p.m. (Pacific Time)

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Participation Information

Step 1: call 1-877-369-5230, access code: 0723652##

Step 2: join web conference

Technical Support: contact the AT&T Help Desk at 1-888-796-6118


CONTACT INFORMATION

Amelia Blanke at ablanke@caiso.com

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California Independent System Operator | P.O. Box 639014 | Folsom, CA 95630 | United States