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August 24, 2011

 

 

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ISO News and Information

Legal/ Regulatory

Market Rules and Market Design

 

 

ISO and Valley Electric Association Memorandum of Understanding Question Responses Posted

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Summary

The California ISO has posted responses to questions submitted regarding the ISO and Valley Electric Association memorandum of understanding.

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Main Text

The California ISO and Valley Electric Association have executed a memorandum of understanding as a key step toward Valley Electric Association's participation with the ISO. This memorandum will form the basis of a transition agreement that once authorized by the ISO Board of Governors, will detail the process for Valley Electric Association to become an ISO participating transmission owner, utility distribution company, and load serving entity.

 

Valley Electric Association and the ISO have identified several integration issues that must be addressed prior to January 2013, when Valley Electric Association is expected to formally participate in the ISO market. The ISO has posted a page with information pertinent to the Valley Electric Association memorandum and the analysis that occurred over the past several months on its website at http://www.caiso.com/informed/Pages/StakeholderProcesses/ValleyElectricAssociation.aspx.This initiative will not follow the normal ISO stakeholder process because of the nature of the negotiations between the ISO and Valley Electric Association.

 

The ISO has posted ISO Responses to Questions about the Memorandum of Understanding between Valley Electric Association and the ISO and the ISO Response to Solar Express letter dated Aug 18, 2011 at the above link.

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For More Information Contact

Please contact your client representative

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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