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Post five-day process price corrections
Since the start of the new California ISO market design on April 1, 2009, there have been isolated instances in which market prices were corrected outside of the five-day Price Correction Time Horizon. The ISO has not previously published the criteria used to evaluate whether a price correction is warranted after the expiration of the Price Correction Time Horizon. Through this initiative, the ISO will work with stakeholders to determine the circumstances under which post five-day price corrections may be made.
Outcome
Board of Governors decision: May 17, 2010
Post five-day process price corrections - papers and proposals
Post five-day process price corrections - tariff language
Comments on Draft Final Proposal
Comments on Straw Proposal and Addendum
Comments on Issue Paper
Comments on Draft Tariff Language
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