Organized Markets
CAISO Says It Will Announce MRTU Start in July
It is still unclear when the California Independent System Operator’s long-awaited Market Redesign and Technology Upgrade (MRTU) will take effect, but the CAISO recently suggested it will announce the startup date in July 2008. Ever since the California energy crisis, the CAISO has worked on designing and implementing a new wholesale power market with features [...]
FERC Proposes Sundry Changes to Organized Power Market Rules
In a new rulemaking, the Federal Energy Regulatory Commission (FERC) has resisted pressure from various groups to examine the foundations of organized wholesale power markets administered by RTOs and ISOs, and instead proposes various tweaks to the rules in these markets. FERC rejected the calls by the American Public Power Association and others who have [...]