This initiative aims to enhance the optimization, dispatch, and settlement of energy storage and other similarly-situated resources, through developing bid enhancements to help resources accurately represent their marginal costs in the real-time market; ensure the ISO has sufficient state-of-charge to cover critical hours; and explore modifications to the ISO’s exceptional dispatch and bid cost recovery mechanisms.
Proposal Development | Decision | Implementation | Completed/Closed |
---|---|---|---|
Oct 02, 2023 Workshop paper posted
Mar 15, 2023 Revised draft tariff language posted Oct 27, 2022 Final proposal posted |
Nov 03, 2023 - Informational filing of effective date track 1 and track 2 (ER23-2537 and ER23-1533)
Sep 29, 2023 FERC approval (ER23-2537) Aug 01, 2023 Tariff amendment track 2 (ER23-2537) Jul 17, 2023 Information filing effective date (ER23-1533) Jun 01, 2023 FERC approval (ER23-1533) Mar 31, 2023 Tariff amendment (ER23-1533) Dec 14, 2022 ISO Board of Governors and WEIM Governing Body approval |
Summer 2023 Track 1
Implementation milestones
Jul 01, 2023 Activation Fall 2023 Track 2 Nov 01, 2023 Activation |
Completed |