The California ISO posted a newer version of its business requirements specification for its Reliability Must-Run (RMR) and Capacity Procurement Mechanism (CPM) Enhancements initiative for market participant review. The initiative will provide enhancements to existing ISO backstop procurement mechanisms, specifically the CPM and RMR agreement.
The updated RMR and CPM business requirement specification is available on the ISO website at http://www.caiso.com/Documents/BusinessRequirementsSpecification-ReliabilityMustRunandCapacityProcurementMechanismEnhancements.pdf.
This document provides business requirements for enhancements that will be implemented in the fall of 2019.
Further documentation will be subsequently provided in the Generator Management, Market Instruments, Market Operations, Reliability Requirement, and Settlements & Billing BPMs.