Imbalance conformance enhancementsThis initiative will clarify the ISO’s authority to conform for imbalance in both real time and the day ahead markets. The purpose of conforming is to maintain reliability of the bulk electric grid. It will also propose enhancements for the conformance limiter. The purpose of the limiter is to ensure price spikes do not result from artificial market infeasibilities.
Integrated balancing authority areasThe California ISO is holding stakeholder discussions on the ISO's efforts to model the systems of Integrated Balancing Authority Areas (IBAA) under the ISO's Market Redesign and Technology Upgrade (MRTU) program. The ISO MRTU program encompasses a comprehensive overhaul of the ISO electricity markets designed to both enhance reliability and increase the efficient utilization of the transmission system. As part of its larger effort to improve its ability to reliably manage congestion on the transmission system, the ISO has identified needed improvements to how it models and prices transactions to and from IBAA. IBAA are those Balancing Authority Areas or systems that are not part of the ISO Balancing Authority Area but are closely interconnected/integrated with the ISO's system.
Interconnection requirements reviewTo maintain system reliability on an ongoing basis, changes are required to the ISO interconnection requirements to accommodate increasing amounts of variable generation. This initiative proposes modifications to the operating power factor, voltage control, disturbance ride through, and generation management parameters for asynchronous generators, such as wind and solar resources. These requirements will be incorporated in interconnection agreements, if approved by the Federal Energy Regulatory Commission (FERC), and will make the technical requirements for these variable generation technologies more consistent with those of conventional generators.
Inter-SC trades oversight exemptionThe ISO proposes to exempt inter-scheduling coordinator trades as part of the products and services that it believes should not fall within the oversight of the pending Commodity Futures Trading Commission (CFTC) market regulation. If these trades are not excluded, the ISO market would need to comply with the full range of requirements imposed by the Commodity Exchange Act - a significant burden for the ISO and its market participants. This initiative seeks stakeholder consensus for the proposed exemption, which may or may not require a tariff modification.
Intertie pricing and settlementThrough this initiative the ISO is seeking long-term solutions to address the real time imbalance energy offset and pricing inefficiencies between the hour-ahead schedule process and real-time market. These issues were identified during the Real-Time Imbalance Energy Offset initiative and Price Inconsistency Caused by Intertie Constraints initiative. The primary focus of this stakeholder process is to find solutions to intertie pricing and settlement that reduce the real-time imbalance energy offset. The secondary objective of this initiative is to potentially provide a mechanism that allows convergence bidding at the interties.
Interconnection process enhancements 2013The ISO implemented interconnection process enhancements that improved queue management, the fast track process, timing of transmission cost reimbursement, redistribution of forfeited funds to reduce the costs of certain network upgrades, and consistency of suspension definition between serial and cluster projects.
Interconnection process enhancements 2015
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