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.

Table 2: Resource Adequacy Availability and Payment
Month-Year Total Non-Availability Charge Total Availability Incentive Payment Flexible Average Actual Availability System Average Actual Availability
Apr22 $3,359,640 -$2,155,567 94.0% 95.0%
May22 $7,132,201 -$2,694,502 89.0% 94.0%
Jun22 $3,323,716 -$2,980,397 95.0% 96.0%
Jul22 $3,013,074 -$3,510,328 96.0% 96.0%
Aug22 $2,152,080 -$2,394,728 96.0% 97.0%
Sep22 $3,680,460 -$2,489,263 94.0% 96.0%
Oct22 $2,913,846 -$2,735,870 96.0% 96.0%
Nov22 $2,390,225 -$2,359,435 96.0% 96.0%
Dec22 $1,191,650 -$2,660,490 98.0% 97.0%
Jan23 $1,887,555 -$1,887,555 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 $3,255,319 -$3,067,642 96.0% 97.0%
Jul23 $3,733,878 -$2,740,032 95.0% 95.0%
Aug23 $3,476,745 -$2,658,316 96.0% 95.0%
Sep23 $5,346,969 -$3,504,684 95.0% 95.0%
Oct23 $4,030,728 -$2,588,971 94.0% 96.0%
Nov23 $4,048,447 -$2,541,104 95.0% 94.0%
Dec23 $4,108,238 -$2,885,506 95.0% 96.0%
Jan24 $3,124,847 -$2,255,983 95.0% 96.0%
Feb24 $3,275,333 -$2,619,640 95.0% 96.0%
Mar24 $7,298,300 -$2,358,655 92.0% 90.0%