California day-ahead market to miss launch deadline

California’s power grid operator says it will miss the January 31, 2003 deadline to launch a day-ahead wholesale electricity market, in a blow to officials’ plans to reform the state’s troubled power sector.

The California Independent System Operator (Cal Iso) told the Federal Energy Regulatory Commission (Ferc) in November that it could not meet the regulator’s requirements by the January deadline and that attempting to do so would leave it open to liability concerns should the market fail.

Sho

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here