2 RAAIM
Resource Adequacy Availability Incentive Mechanism (RAAIM) was activated on November 1, 2016 to track the performance of Resource Adequacy (RA) Resources. RAAIM is used to determine the availability of resources providing local and/or system Resource Adequacy Capacity and Flexible RA Capacity each month and then assess the resultant Availability Incentive Payments and Non-Availability Charges through the CAISO’s settlements process. Table 2 below shows the monthly average actual availability, total non-availability charge, and total availability incentive payment. Starting from May 2018, the ISO reports the system RA average actual availability and flexible RA average actual availability separately.
| Month-Year | Total Non-Availability Charge | Total Availability Incentive Payment | Flexible Average Actual Availability | System Average Actual Availability |
|---|---|---|---|---|
| Aug22 | $2,478,015 | -$2,746,323 | 96.0% | 96.0% |
| Sep22 | $3,651,585 | -$2,490,607 | 94.0% | 96.0% |
| Oct22 | $2,897,497 | -$2,733,750 | 96.0% | 96.0% |
| Nov22 | $2,390,225 | -$2,359,435 | 96.0% | 96.0% |
| Dec22 | $1,191,650 | -$2,613,398 | 98.0% | 97.0% |
| Jan23 | $1,879,255 | -$1,879,255 | 97.0% | 96.0% |
| Feb23 | $1,120,363 | -$1,120,363 | 97.0% | 98.0% |
| Mar23 | $2,967,182 | -$1,936,249 | 95.0% | 95.0% |
| Apr23 | $3,699,974 | -$2,224,305 | 94.0% | 96.0% |
| May23 | $1,944,008 | -$2,630,878 | 97.0% | 97.0% |
| Jun23 | $3,076,353 | -$3,395,105 | 96.0% | 97.0% |
| Jul23 | $3,683,131 | -$2,749,402 | 95.0% | 95.0% |
| Aug23 | $3,366,593 | -$2,667,856 | 96.0% | 95.0% |
| Sep23 | $5,108,088 | -$3,573,700 | 95.0% | 95.0% |
| Oct23 | $3,747,752 | -$2,645,580 | 94.0% | 96.0% |
| Nov23 | $3,841,854 | -$2,556,055 | 95.0% | 95.0% |
| Dec23 | $4,108,238 | -$2,885,506 | 95.0% | 96.0% |
| Jan24 | $3,124,847 | -$2,255,983 | 95.0% | 96.0% |
| Feb24 | $3,066,328 | -$2,645,572 | 95.0% | 96.0% |
| Mar24 | $7,158,984 | -$2,379,758 | 92.0% | 90.0% |
| Apr24 | $5,129,975 | -$2,347,500 | 92.0% | 95.0% |
| May24 | $4,333,369 | -$3,042,911 | 94.0% | 96.0% |
| Jun24 | $6,660,455 | -$3,869,960 | 94.0% | 95.0% |
| Jul24 | $86,000,299 | -$1,884,093 | 92.0% | 4.0% |