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  • Flexible resource adequacy criteria and must offer obligations
    This initiative will explore further enhancements to flexible capacity requirements to help address generation oversupply and ramps less than three hours. This effort also seeks new rules to allow intertie resources and storage resources’ not operating under non-generator resource provisions to provide flexible capacity. Through this effort we will also assess the impact of merchant variable energy resources on flexible capacity requirements.
    • 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
    • Flexible resource adequacy criteria and must offer obligations phase 1
    • Flexible resource adequacy criteria and must offer obligations phase 2