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Tag Archives: CAISO

CAISO Expects It May Need to Curtail Up to 8,000 MW This Spring and Up to 13,000 MW By 2024, Which Could Test Curtailment Risk Allocation Provisions in Renewable PPAs

By Michael Gergen, Tyler Brown, David Pettit and Christopher Randall At the most recent meeting of the Board of Directors of the California Independent System Operator (CAISO) held on February 16, 2017, the President and Chief Executive Officer of the CAISO reported that because of the “bountiful hydro conditions expected this year and significant additional … Continue Reading

New Federal Energy Regulatory Commission Policy Statement Potentially Expands Revenue Opportunities for Electric Storage Resources

By Michael Gergen and David E. Pettit On January 19, 2017, the Federal Energy Regulatory Commission (FERC or Commission) issued a new policy statement entitled “Utilization of Electric Storage Resources for Multiple Services When Receiving Cost-Based Rate Recovery” (Storage Policy Statement or Policy Statement), which clarifies that electric storage resources may receive cost-based recovery for … Continue Reading

FERC Accepts Almost All of the CAISO’s Proposed Flexible Resource Adequacy Capacity and Must-Offer Obligation Requirements

By Michael J. Gergen and Marc T. Campopiano On October 16, 2014, the Federal Energy Regulatory Commission (“FERC”) issued an Order on Tariff Revisions, FERC Docket No. ER14-2574, conditionally accepting, with two substantive modifications, tariff changes proposed by the California Independent System Operator (“CAISO”) to establish new flexible resource adequacy capacity (“FRAC”) and must-offer obligation … Continue Reading

CPUC Opens Rulemaking to Incorporate Distributed Energy Resources Into Grid Planning Process for California’s Investor-Owned Utilities

By Michael J. Gergen, Marc T. Campopiano, and Andrew H. Meyer On August 14, 2014, the California Public Utilities Commission (“CPUC”) issued an Order Instituting Rulemaking (“Order”) to establish policies, procedures, and rules to guide California investor-owned electric utilities (“IOUs”) in developing their Distribution Resources Plan Proposals (“DRPs”) in accordance with the requirements of Public … Continue Reading

CAISO Asks FERC to Approve Tariff Changes Establishing Flexible Resource Adequacy Capacity and Must-Offer Obligation Requirements

By Michael J. Gergen and Andrew H. Meyer On August 1, 2014, the California Independent System Operator (“CAISO”) filed proposed tariff changes at the Federal Energy Regulatory Commission (“FERC”) in FERC Docket No. ER14-2574 that would establish new flexible resource adequacy capacity (“FRAC”) and must-offer obligation (“MOO”) requirements aimed at ensuring that adequate flexible capacity … Continue Reading

CAISO Announces New Stakeholder Process to Address Reliability, Including Possible Market-Based Capacity Backstop; First Meeting is February 4

By Michael Gergen, Jared Johnson and Andrew Meyer The California Independent System Operator (CAISO) has announced that it is starting a new “Reliability Services” stakeholder process.  In a January 14, 2014, Market Notice the CAISO said that the new stakeholder process would address three related issues: (i) the development of a replacement proposal for the … Continue Reading

FERC accepts the CAISO’s revised transmission planning process and signals that some contentious rights of first refusal may survive transmission planning and cost allocation rule

By Michael J. Gergen, Jared W. Johnson, and Shannon D. Torgerson In an order issued December 16, 2010, the Federal Energy Regulatory Commission (FERC) conditionally accepted the California Independent System Operator Corporation’s (CAISO) proposed revisions to its Tariff (Docket No. ER10-1401) to implement a revised transmission planning process (RTPP) for the CAISO-controlled grid.  The CAISO … Continue Reading
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