California ISO - Documents By Group

Outcome
Phase 2: The objective of phase 2 of this initiative was to make changes to the existing flexible capacity framework to address fundamental gaps between the ISO’s markets and operational needs. These objectives were integrated into the Resource Adequacy Enhancements initiative so the ISO closed this initiative. — Phase 1: On Nov. 6, 2014 the ISO began allowing load serving entities and suppliers to submit flexible capacity for annual and monthly Resource Adequacy based on FERC’s conditional approval of the ISO’s proposed tariff amendment. FERC subsequently approved further amendments that the ISO implemented on Dec. 22, 2014 to enable procurement of backstop flexible capacity in the event of a cumulative deficiency. — FERC ruling: June 3, 2015; Implemented: Nov. 6, 2014; Tariff amendment filing: August 1, 2014 (ER14-2574); Board of Governors approval: March 20, 2014