This initiative will explore increasing settlement statement accuracy and timeliness, allowing sufficient time to resolve disputes and streamline the settlement cycle, and reduce administrative costs of processing disputes by identifying a dispute dollar threshold.
Outcome: The California ISO activated Market Settlements Timeline Transformation (MSTT) on Jan. 1, 2021. MSTT will benefit market participants by enabling the ISO to produce initial settlement statements that will more closely approximate the final settlement, and allow sufficient time for the ISO and market participants to resolve disputes.
| Proposal Development | Decision | Implementation | Completed/Closed |
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Sep 23, 2019 Draft final proposal
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Nov 13, 2019 Board of Governors approval
Oct 30, 2019 EIM Governing Body briefing Oct 02, 2020 FERC approval (ER20-2617) |
Dec 2020 Deployment
Jan 2021 Activation |
Completed |
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http://www.caiso.com/Documents/Oct2-2020-LetterOrderAcceptingTariffRevisions-MarketSettlementStatementsTimelineER20-2617.pdf | |
Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/Presentation-MarketSettlementTimeline-DraftTariffLanguage-Jun5-2020.pdf
Presentation - Market Settlement Timeline Draft Tariff Language - Jun 5, 2020 06/05/2020
Explanation - Market Settlement Timeline - Draft Tariff Language 05/20/2020
Draft Tariff Language - Market Settlement Timeline (Section 11) 05/20/2020
Draft Tariff Language - Market Settlement Timeline (Outside Section 11) 05/20/2020
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https://stakeholdercenter.caiso.com/InitiativeDocuments/NoticeofDecisionalClassification-MarketSettlementTimeline.pdf
Notice of Decisional Classification - Market Settlement Timeline 10/14/2019
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Web meeting |
https://www.youtube.com/watch?v=lSs1Qj1JxZo&feature=youtu.be
Video - Market Settlement Timeline - Sep 30,2019 11/17/2019
Draft Final Proposal - Market Settlement Timeline 09/23/2019
Presentation - Market Settlement Timeline - Sep 30, 2019 09/30/2019
Sample Payment Calendar - Market Settlement Timeline - Draft Final Proposal 09/24/2019
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Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/RevisedStrawProposal-MarketSettlementsTimeline.pdf
Revised Straw Proposal - Market Settlement Timeline 08/15/2019
Presentation - Market Settlement Timeline - Aug 22, 2019 08/21/2019
Sample Payments Calendar - Market Settlement Timeline - Straw Proposal 08/15/2019
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Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/IssuePaper-StrawProposal-MarketSettlementTimeline.pdf
Issue Paper and Straw Proposal - Market Settlement Timeline 06/11/2019
Presentation - Market Settlement Timeline - Jun 13, 2019 06/11/2019
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