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Overview of ISO Renewable Resource Program

Overview of ISO Renewable Resource Program. Karen Edson Vice-President of External Affairs October 9, 2006. ISO Renewable Resource Program. 2006 Corporate Goal to support State renewable resource policy objectives

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Overview of ISO Renewable Resource Program

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  1. Overview of ISO Renewable Resource Program Karen Edson Vice-President of External Affairs October 9, 2006

  2. ISO Renewable Resource Program • 2006 Corporate Goal to support State renewable resource policy objectives • Implementing by integrating renewable resource considerations into the CAISO’s transmission planning, markets, and operations

  3. Status of Major Renewable Initiatives

  4. Removing Barriers To Efficient Transmission Investment • Problem: • Renewable Generation is Different • Current Interconnection Policies Create Barrier • ISO Proposal • Financing Mechanism Allows Appropriate Sizing • Risk of Stranded Costs Systematically Mitigated

  5. Intermittent Resource Integration • Challenge • Mismatch between output and load curve • On-peak capacity highly variable depending on the day • Increasing ISO attention to integration issues • Challenge can be overcome • Improving technology • Mitigation strategies • Better forecasts and operating systems • ISO Role to Facilitate State Policy Objectives • ISO Success Tied to State Success

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