Recent Highlights:
December 17, 2020
Item E-3: Staff Presentation on California Independent System Operator Response to August Heat Event (EL21-19-000) Staff Presentation
October 15, 2020
Item M-1: Proposed Policy Statement on Carbon Pricing in Organized Wholesale Electricity Markets Policy Statement News Release | Policy Statement
September 17, 2020
Item E-1: FERC Opens Wholesale Markets to Distributed Resources: Landmark Action Breaks Down Barriers to Emerging Technologies, Boosts Competition News Release | Staff Presentation | Fact Sheet | Order No. 2222
Regional Transmission Organizations/Independent System Operators
Independent System Operators (ISO) grew out of Orders Nos. 888/889 where the Commission suggested the concept of an Independent System Operator as one way for existing tight power pools to satisfy the requirement of providing non-discriminatory access to transmission. Subsequently, in Order No. 2000, the Commission encouraged the voluntary formation of Regional Transmission Organizations (RTO) to administer the transmission grid on a regional basis throughout North America (including Canada). Order No. 2000 delineated twelve characteristics and functions that an entity must satisfy in order to become a Regional Transmission Organization.
Learn More about Regional Transmission Organizations (RTO) and Independent System Operator (ISO)
Energy Price Formation
FERC implemented Price Formation Fixes for Organized Markets and Information on Market Rules and Operational Practices.