California's ISO: Why not clear the market?

Electricity Journal

Volumn 9, Issue 10, 1996, Pages 38-43

  Stoft, Steven ^a  

^a NONE

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EID: 0010151955     PISSN: 10406190     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1040-6190(96)80155-2     Document Type: Article

References (17)

1. Although participation in Wepex working groups was open to all, Wepex policy decisions are made by the three voting members of the steering committee who represent the three major IOUs.
2. For convenience the applications and their proposals will be attributed to Wepex as a whole although there are many remaining disagreements within this group.
3. The Wepex PX actually uses "zonal" pricing, which is intended to be an extremely accurate approximation to nodal pricing. The examples in this article can be understood without reference to the zonal pricing complexities which will be taken up next month.
4. A more complete diagnosis of the Wepex applications can be found in the author's report prepared for the Department of Energy See Stoft Steven. Analysis of the California Wepex Applications to FERC. Oct. 15, 1996;. (UCEI POWER Working Paper, PWP-042A).
5. Joint Application of Pacific Gas and Electric Company, San Diego Gas & Electric Company, and Southern California Edison Company for Authorization to Convey Operational Control of Designated Jurisdictional Facilities to an Independent System Operator (April 29, 1996) (FERC Docket No. EC96-19-000, App. C, 17) (hereafter, "ISO Application").
6. Id., App. C, 8.
7. Id., App. C, 9.
8. Id., App. C, 10.
9. Id., App. C, 12.
10. Chandley John D. California Energy Commission's Comments on the Wepex Applications. May 28, 1996.
11. PX Application, 6.3.1.
12. ISO Application, App. C, 16.
13. Id., 6.4.1.
14. Id., App. C, 8.
15. Id., App. C.
16. Stoft, supra note 4.
17. Id.