FERC Order 831 - Import Bidding and Market Parameters: Revised Straw Proposal Posted, Web Meeting 12/5/19
The California ISO has scheduled a public stakeholder web meeting on Dec. 5, 2019, to discuss the revised straw proposal for the FERC Order 831 - Import Bidding and Market Parameters initiative, formerly known as Import Bid Cost Verification. The objective of this initiative is to explore cost verification measures for intertie offers above $1,000/MWh and explore alternative methodologies for setting market prices when the ISO market must relax constraints under a $2,000/MWh bid cap.
An agenda and presentation will also be available prior to the meeting on the webpage linked above.
A web conference will be available for stakeholder convenience. In addition, the meeting will be recorded and the video file posted on the initiative webpage for a limited time. The recording is for informational and convenience purposes only, and any related transcriptions should not be reprinted without the ISO’s permission.