Voluntary preferred resource auction (closed)

Outcome: The California ISO has deferred development of a Voluntary Preferred Resource Auction pilot to the California Public Utilities Commission (CPUC) and will not proceed with this initiative at this time.

This initiative will establish a voluntary annual auction for preferred resource capacity, which enables procurement of preferred resources to manage local areas affected by SONGS’ closure and to meet ISO reliability requirements. The phase one auction will match buyers to suppliers of demand response resources only for a multi-year term, while phase two will provide participation allowances for multiple resource types.