The California ISO’s Reliability Must-Run (RMR) and Capacity Procurement Mechanism (CPM) Enhancements policy initiative will provide enhancements to existing ISO backstop procurement mechanisms, specifically RMR as a resource retirement backstop. Updates to the RMR and CPM tariff provisions, pro forma RMR agreement, and business practice manuals (BPM) are described in the posted business requirement specification available on the ISO website at http://www.caiso.com/Documents/BusinessRequirementsSpecification_ReliabilityMustRunandCapacityProcurementMechanismEnhancements.pdf.
Further documentation will be subsequently provided in the Generator Management, Market Instruments, Generation Management, Market Operations, Reliability Requirement, and Settlements and Billing BPMs.