Price Formation Enhancements: Phase 2 working group call on 12/16/24

The California ISO has scheduled a Price Formation Enhancements (PFE) Phase 2 working group call on Dec. 16, 2024, to explore the topic of scarcity pricing.

This session will continue to explore enhancements to ancillary service procurement in the real-time market to improve the ability of the Scarcity Reserve Demand Curve (SRDC) to reflect tight supply conditions.

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

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: Dec. 16, 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: 24996221562

Technical support: call 1-301-250-7202