California ISO - Documents By Group

Outcome
Market data demonstrates the realization of convergence bidding project objectives to increase market liquidity and to provide generator participants with a way to hedge the risk of outages that occur in real-time. It will take more time to assess the effectiveness of reducing differences between day-ahead and real-time prices. — Implemented: Feb 01, 2011; FERC Order: Apr 13, 2011 (ER11-2128); Tariff amendment filing: Jun 25, 2010 (ER10-1559, ER10-300 and ER11-2128); Board of Governors approval: Oct 29, 2009