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Market Notice
May 16, 2019

REQUESTED ACTION

Information Only

CATEGORIES

Legal and Regulatory

Market Rules and Design

Settlements

New Initiative: Capacity Procurement Mechanism Soft-Offer Cap

MESSAGE

The California ISO will be launching a new initiative called Capacity Procurement Mechanism (CPM) Soft Offer Cap. The scope of this initiative includes updating the CPM soft offer cap and reviewing compensation for 12-month CPM designations.

 

This initiative will kick-off with an issue paper published in early June, followed by a stakeholder call to discuss the paper. Upcoming activities related to this initiative will be detailed in a market notice and posted on the ISO website at http://www.caiso.com/informed/Pages/StakeholderProcesses/CapacityProcurementMechanismSoft-OfferCap.aspx.


CONTACT INFORMATION

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