Author Jasmin Melvin
Washington — The California Independent System Operator received Federal Energy Regulatory Commission approval to toss a market rule requiring automated bid generation in the real-time market for certain power imports that help the region with resource adequacy.
The ISO argued that nixing the rule, which was never put into practice, avoids the potential for costly out-of-market actions and reliability concerns tied to making a real-time award based on an ISO-generated bid for an imported resource that is …