The California ISO is planning to host a stakeholder working group meeting in late October as the next step in the stakeholder process for the Day-Ahead Market Enhancements initiative. The intent of this meeting is to engage stakeholders in additional discussion on the outstanding issues to be addressed in this initiative prior to publishing the next proposal.
The objective of this initiative is to develop an imbalance reserve product that will provide flexible capacity needed to account for real-time ramping needs that are greater than accounted for in hourly day-ahead market schedules and to account for real-time net load uncertainty. It will also look to enhance the residual unit commitment process to also ensure there is sufficient downward dispatch capability in the event real-time load is less than scheduled in the integrated forward market.
The working group meeting details will be communicated in a forthcoming notice. Information related to this initiative is available on the Day-Ahead Market Enhancements webpage.
