Price Formation Enhancements: Phase 2 working group call on 11/20/24

The California ISO will host a Price Formation Enhancements (PFE) Phase 2 working group call on Nov. 20, 2024, to discuss Balancing Authority Area (BAA) Level Market Power Mitigation (MPM)

This session will discuss modifications to the BAA-level mitigation approach, such as only mitigating pivotal suppliers rather than all suppliers and an "impact test" to only mitigate offers with LMP impacts above a defined threshold.

We strongly encourage stakeholders to share their views on this topic during the session. Please contact Brenda Marquez at bmarquez@caiso.com to arrange a presentation.

Informal written feedback will be accepted after each working group session. Opportunities for formal written feedback will be announced separately.

The Phase 2 working group schedule and other working group materials are available on the Price Formation Enhancements webpage.

The call will be recorded and the video file posted on the initiative webpage for a limited time. The recording is for informational convenience purposes only, and any related transcriptions should not be reprinted without the ISO’s permission.

Meeting details

Date: Nov. 20, 2024

Time: 1 p.m. - 4 p.m. Pacific Time

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Virtual participation information

Step 1: join web conference

Step 2: connect to audio by selecting “computer audio” or select “call me” and enter your phone number

Audio only participation: call 1-844-621-3956, access code: 24872045742

Technical support: call 1-301-250-7202

Contact information

Please contact Brenda Marquez at bmarquez@caiso.com or ISOStakeholderAffairs@caiso.com with any questions or if you are interested in presenting on a topic.