The California ISO is postponing the publishing of the second revised straw proposal for the Day-Ahead Market Enhancements initiative, which was scheduled to publish on Dec. 7, 2020.
During the development of the revised day-ahead market design, the ISO identified two policy elements that need additional consideration prior to releasing the next proposal. The ISO plans to discuss these issues at the Market Surveillance Committee (MSC) meeting to be held on Dec. 11, 2020. The MSC presentation will include a high level overview of the contemplated design changes and discuss in more detail the two issues that were identified, which include (1) the interaction between the imbalance reserve demand curve and export scheduling priorities and (2) the settlement of deviations between markets for energy, imbalance reserves, reliability capacity and the flexible ramping product.
The stakeholder meeting to discuss the second revised straw proposal tentatively scheduled on Dec. 14, 2020, has also been postponed. Once a new schedule has been determined, the ISO will publicize the dates on the Stakeholder Initiatives landing page and issue a notice with additional details.
Stakeholders have the option to submit comments on the MSC presentation. Optional comments can be submitted by end of day Dec. 21, 2020, using the ISO’s commenting tool located on the initiative webpage.
MSC Meeting Details
Date: December 11, 2020
Time: 10 a.m. - 4:30 p.m. Pacific Time
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