California ISO - Documents By Group

Outcome
The release of a daily market summary report and the hourly net cleared virtual quantities by node at the close of the real-time market will promote market efficiency in the ISO energy markets once convergence bidding is implemented in February 2011. Because the nodal information will be sufficiently aggregated, publishing the net cleared quantities by node is permissible under Section 20.2 of the ISO tariff. Accordingly, implementation of this data release approach will not require a subsequent FERC filing.—Briefing to Board of Governors: Feb. 11, 2010