The ISO has launched the Day-Ahead Market Enhancements initiative to address ramping and uncertainty previously left to be resolved by the real-time market. A stakeholder meeting has been scheduled on March 1 to discuss the issue paper and straw proposal, which will be posted February 22 on the ISO website at http://www.caiso.com/informed/Pages/StakeholderProcesses/Day-AheadMarketEnhancements.aspx.
This initiative will consider enhancements including combining the Integrated Forward Market with the Residual Unit Commitment process, changing the day-ahead scheduling granularity from hourly to 15-minute and adding an imbalance reserve product. At the kickoff meeting, the ISO will discuss with stakeholders additional design elements needed to extend the day-ahead market to EIM entities.
An agenda and presentation will be available prior to the meeting at the initiative webpage link above.
Please submit written comments on the paper and meeting discussion to initaitivecomments@caiso.com by close of business March 15.
If planning to attend the meeting in person, please register at https://caiso.regfox.com/damarketenhancementsmeeting-march1-2018 by close of business February 27. This meeting will be recorded and posted on the initiative webpage for a limited time.
Meeting Details
Date: Thursday, March 1, 2018
Time: 10 a.m. - 4 p.m. PST
Location: California ISO, 250 Outcropping Way, Folsom CA 95630
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