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  • Commitment cost enhancements phase 1
    The ISO implemented tariff changes that: 1) allow the ISO, in the event of a significant price spike, to execute and settle the market using a gas price published on the morning of the day-ahead market run rather than the prior evening’s calculated gas price index; 2) increased the existing proxy cost bid cap from 100 percent of the resource’s calculated proxy cost to 125 percent; and 3) eliminated the registered cost option for all resources except use-limited resources. FERC directed the ISO to submit an informational report concerning the impact of these changes on longer term market design changes for commitment costs by Aug. 1, 2015.
    • Outcome
      Tariff changes effective: Dec. 30, 2014; FERC approval: Dec. 30, 2014; Tariff amendment filing: Oct. 1, 2014 (ER15-15); Board approval: Sept. 18, 2014
    • Commitment cost enhancements phase 1 - papers and proposals
    • Commitment cost enhancements phase 1 - tariff language
    • Comments on revised draft final proposal
    • Comments on second revised straw proposal
    • Comments on revised straw proposal
    • Comments on issue paper and straw proposal
    • Comments on draft tariff language
    • Web conference - tariff - Sep 26, 2014
    • Web conference Aug 19, 2014
    • Web conference Jul 22, 2014
    • Web conference Jun 17, 2014
    • Web conference May 7, 2014