After filing RMR fixes, Cal-ISO plans overhaul of capacity procurement mechanism

摘要

After filing broad changes to its reliability-must-run program, CaliforniaIndependent System Operator has launched a proceeding to focus onits other backstop tool and address worries that designations underthe capacity procurement mechanism are too expensive and notcompetitive.The issue is important because the growth of renewables hasdecreased energy market revenues and put financial stress onconventional resources, spurring the ISO to rely more on its backstopprocurement tools.