The latest dispute over PJM’s bidding rules has raised the level of uncertainty in organized electricity markets. Efforts at reform have created a market structure so jumbled that it can’t produce...
Greening the Grid
Can markets co-exist with renewable mandates?
to all California regardless of efforts underway in neighboring control areas, could be catastrophic.
“Imperial’s transmission investments would be stranded … by generators that tie in directly to the ISO-controlled grid.
“Cal-ISO is requesting that other utilities subsidize the cost of building these new transmission lines.”
For its part, however, the ISO seems rather nonplussed, at least according to its answer filed at FERC on March 14:
“The fact that Imperial, a non-FERC jurisdictional entity, is engaged in efforts to bring such generation to the grid simply demonstrates the accuracy of the Cal-ISO’s statement that the Salton Sea is an area rich with potential renewable resources.”