These changes will allow greater flexibility in how the CAISO administers the CPM and scheduling coordinators accept a CPM designation. These changes include:
1) Adjust the MW volume of a significant event CPM designation based on pre-existing or new capacity obligations that arise during the term of the CPM designation;
(2) Permit a resource to elect a significant event CPM designation term of less than 30 days;
(3) Extend the existing deadline for the CAISO to publish a market notice when issuing a CPM designation from two business days to five business days; and
(4) Streamline the CPM designation report process by posting the report on OASIS and foregoing issuance of a market notice advising of the report’s availability.