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  • Payment acceleration project
    The California ISO (the ISO) recognizes that the current payment calendar takes too long between trade date and market clearing and presents undue credit risk to market participation. This increased risk may hinder resource availability from out-of-state resources, challenge credit management and expose market participants to additional risk in the event of defaults or bankruptcies. The ISO plans to implement payment acceleration approximately 6 months after the Settlements and Market Clearing System go live. Payment acceleration would provide market clearing on an average of 30 days. Payment acceleration also opens the possibility of other significant settlement improvements, such as providing participants an increased dispute window, and implementing a sunset provision.
    • Comments on draft tariff language
    • Comments on Implementation Workshop 24-Feb-2009
    • Comments on implementation proposal
    • Comments on final proposal
    • Comments on straw proposal
    • Payment acceleration project - tariff development
    • Comments on payment acceleration exit criteria
    • Payment acceleration project - papers and proposals
    • Comments on stakeholder meeting 16-Oct-2008
    • Comments on payment aceleration
    • Wheeling Non-Participating Transmission Owners (PTO) Data Submittal Process