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    • Late payment enforcement action
      The California ISO previously held a Credit Policy Stakeholder process during fall 2008 and a progressive discipline process for late payers was developed with stakeholders and approved by the ISO Board of Governors in December 2008. Much of the process was implemented March 31, 2009, but one key element, financial penalties, was deferred until after implementation of the ISO's new market. This tariff amendment will implement financial penalties and the ISO's right to suspend or terminate a repeat offender's right to participate in the ISO markets.
    • Load granularity refinements
      Through this initiative the ISO and stakeholders evaluated alternatives for the level of granularity load should bid, schedule and financially settle in the ISO market. — FERC approval: Oct. 21, 2015 (ER02-1656-038) (ER06-615-061)
    • Load serving entity definition refinement
      This initiative will refine the tariff definition of Load Serving Entity to include entities that have been granted authority by state or local law, regulation or franchise to serve their own load directly through wholesale energy purchases.
    • Local market power mitigation enhancements
      In a Sept. 21, 2006 order, the Federal Energy Regulatory Commission required that by April 1, 2012 the ISO begin using bid-in demand rather than forecast demand in the market power mitigation calculations used to mitigate bids in the integrated forward market. This initiative will address this requirement as well as explore the potential impacts that incorporating convergence bids and demand response in the market would have on how bids are mitigated. The impacts of these two market features were discussed but not assessed during the convergence bidding design initiative.
    • Local market power mitigation enhancements 2015
      The initiative will explore planned and proposed changes to the market power mitigation process to address under-mitigation and potential over-mitigation in the fifteen-minute market, and to establish a predictive mitigation procedure in the five-minute market. These modifications can improve accuracy by ensuring that mitigation is applied when constraints will most likely be binding in real-time.
    • Location constrained resource interconnection policy
      On January 25, 2007 the California ISO (the ISO) filed a Petition with FERC for a Declaratory Order seeking conceptual approval of a new financing mechanism to facilitate the construction of interconnection facilities for location-constrained resources. On April 19, 2007, FERC granted the ISO's petition and accepted the design concepts proposed therein, thereby paving the way for the ISO to file tariff language for implementing this important initiative. The purpose of the Remote Resource Interconnection (RRI) initiative is to further develop the policy details with the expectation of developing tariff language to be filed with FERC no later than October 31, 2007.