California ISO addresses power price spikes in new EIM tariff proposal

Platts

The California Independent System Operator is proposing tariff revisions aimed at ending unexpected price spikes, or “infeasibilities,” that have occurred in the Western energy imbalance market after it started in November.
“The CAISO is confident that implementing this proposal will substantially ameliorate the remaining infeasibilities encountered in the PacifiCorp balancing authority areas, such that the percentage of remaining infeasible intervals in the energy imbalance market will not be excessive [compared with CAISO’s internal markets and other…

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