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Generated bids and outage reporting for non-resource specific RA resources
Suppliers of Resource Adequacy (RA) capacity have the obligation to bid that capacity into the California ISO market. The ISO therefore has Tariff authority to insert generated bids for RA resources that fail to bid into the market. There are gaps in this process, however, when it comes to the case of system (or import) resources that are not resource-specific but do have RA contracts (NRS-RA resources). Through this stakeholder effort, the ISO will work with market participants to address two issues required for implementing insertion of generated bids for NRS-RA resources that fail to offer into the ISO markets. The first issue is the question of what bid price to insert for automatically generated bids, and the second is that of outage reporting for these resources.
Outcome
The ISO implemented market changes that enable the ISO to calculate and insert generated bids on behalf of imports that are not resource specific but have resource adequacy contracts and fail to offer their contracted capacity into the day-ahead market. The changes also include a mechanism for these resources to report outages to the ISO. — Implemented: Feb. 29, 2012; FERC Order: Sept. 30, 2011 (ER11-4151); Board of Governors approval: July 26, 2010
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Stakeholder teleconference Aug 31, 2011
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