CAL-ISO Gets FERC Approval for Backstop Capacity Auctions

On October 1, the California Independent System Operator (CAL-ISO) got the go-ahead (Docket No. ER15-1783-000) from the Federal Energy Regulatory Commission (FERC) to revise its capacity procurement mechanism (CPM) by implementing a competitive solicitation process. The new auction process is intended to ensure that sufficient … Read more…

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