This initiative continues efforts to enhance the Congestion Revenue Rights (CRR) market. In 2018’s Congestion Revenue Rights Auction Efficiency Track 1B, the ISO committed to: 1) assessing the impacts of both the Track 1A and Track 1B proposals (which were designed to resolve the majority of the observed inefficiencies with the CRR auction); and 2) considering more comprehensive changes to the CRR allocation and auction design as needed. Based on stakeholder prioritization and internal analysis, this initiative will explore a variety of stakeholder concerns identified in the stakeholder catalogue process including issues related to auction efficiency, revenue inadequacy, product definition, and allocation.
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Dec 12, 2025 Issue paper and straw proposal on product definition posted
Jan 14, 2026 Issue paper on revenue adequacy and auction efficiency posted |
Web meeting |
https://youtu.be/R_K6RYd0ShA
Video - Congestion Revenue Rights Enhancements - Jan 21, 2026 01/27/2026
Presentation - Congestion Revenue Rights Enhancements - Jan 21, 2026 01/21/2026
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https://stakeholdercenter.caiso.com/InitiativeDocuments/Discussion-Paper-Congestion-Revenue-Rights-Enhancements-Dec-03-2025.pdf
Discussion Paper - Congestion Revenue Rights Enhancements - Dec 03, 2025 12/03/2025
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Web meeting |
Working Group Session 7 - Goals and Problem Statements P2 https://youtu.be/3YBn9JZytP0
Video - Congestion Revenue Rights Enhancements Working Group - Sep 08, 2025 09/11/2025
Presentation - Congestion Revenue Rights Enhancements - Sep 08, 2025 09/08/2025
Calpine Presentation - Congestion Revenue Rights Enhancements - Sep 08, 2025 09/04/2025
WPTF Presentation - Congestion Revenue Rights Enhancements - Sep 08, 2025 09/08/2025
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Web meeting |
Working Group Session 6 - Goals and Problem Statements https://youtu.be/pe4-NnYkel0
Video - Congestion Revenue Right Enhancements - May 12, 2025 05/16/2025
Presentation - Congestion Revenue Rights Enhancements - May 12, 2025 05/12/2025
California LSE Presentation - Congestion Revenue Rights Enhancements - May 12, 2025 05/11/2025
Nodal Presentation - Congestion Revenue Rights Enhancement - May 12, 2025 05/11/2025
BAMX Presentation - Congestion Revenue Rights Enhancements - May 12, 2025 05/12/2025
Energy Trading Institute Presentation - Congestion Revenue Rights Enhancements - May 12, 2025 05/12/2025
Department of Market Monitoring Presentation - Congestion Revenue Rights Enhancements - May 12, 2025 05/12/2025
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Web meeting |
Working Group Session 5 - Benchmarking to other CRR/FTR Market Designs https://youtu.be/c6VBzF788cA
Video - Congestion Revenue Rights Enhancements - Apr 01, 2025 04/07/2025
Presentation - Congestion Revenue Rights Enhancements Working Group - Apr 01, 2025 03/31/2025
ERCOT Presentation - Congestion Revenue Rights Enhancements Working Group - Apr 01, 2025 03/28/2025
MISO Presentation - Congestion Revenue Rights Enhancements Working Group - Apr 01, 2025 03/31/2025
PJM Presentation - Congestion Revenue Rights Enhancements Working Group - Apr 01, 2025 03/31/2025
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Web meeting |
Working Group Session 4 - Follow-up Meeting - Analysis Feb 27, Discussion https://youtu.be/2oQ726kqLDs
Video - Congestion Revenue Rights Enhancements - Analysis Follow up - Mar 12, 2025 03/17/2025
Presentation - Congestion Revenue Rights Enhancements - Mar 12, 2025 03/11/2025
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Web meeting |
Working Group Session 3 - Analysis https://youtu.be/hB-xQOaIG1g?si=0Y_qhQB22ASa0-YJ
Video - Congestion Revenue Rights Enhancements - Feb 27, 2025 03/05/2025
Presentation - Congestion Revenue Rights Enhancements - Feb 27, 2025 02/26/2025
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Web meeting |
Working Group Session 2 - Foundations https://youtu.be/BDMulyCX1Io
Video - Congestion Revenue Rights Enhancements Working Group - Jan 28, 2025 01/29/2025
Presentation - Congestion Revenue Rights Enhancements - Jan 28, 2025 01/27/2025
Vitol Inc Presentation - Congestion Revenue Rights Enhancements - Jan 28, 2025 01/27/2025
Appian Way Presentation - Congestion Revenue Rights Enhancements - Jan 28, 2025 01/24/2025
Morgan Stanley Presentation - Congestion Revenue Rights Enhancements - Jan 28, 2025 01/27/2025
Vistra Corp Presentation - Congestion Revenue Rights Enhancements - Jan 28, 2025 01/28/2025
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Hybrid meeting |
Working Group Session 1 - Scoping Discussion https://www.youtube.com/watch?v=2PWivu9eRL0
Video - Congestion Revenue Rights Enhancements - Nov 14, 2024 12/02/2024
Discussion Paper - Congestion Revenue Rights Enhancements 11/12/2024
Presentation - Congestion Revenue Rights Enhancements - Nov 14, 2024 11/13/2024
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