California Independent System Operator

CAISO
Non profit
Industry Electricity
Founded 1997 (1997)
Headquarters Folsom, California, United States
Area served
 California
Key people
 Ashutosh Bhagwat, Robert Foster, Angelina Galiteva, Richard Maullin, David Olsen, and Steve Berberich
Products Electricity grid management
Website www.caiso.com

California Independent System Operator (CAISO) is an independent, non-profit Independent System Operator (ISO), serving California.[1]

The CAISO oversees the operation of California's bulk electric power system, transmission lines, and electricity market generated and transmitted by its member utilities. The primary stated mission of the CAISO is to "operate the grid reliably and efficiently, provide fair and open transmission access, promote environmental stewardship, and facilitate effective markets and promote infrastructure development." [2] The CAISO is one of the largest ISOs in the world, delivering 300 million megawatt-hours of electricity each year and managing about 80% of California's electric flow.

CAISO was created in 1998 when the state restructured its electricity markets at the recommendation of the Federal Energy Regulatory Commission (FERC), following the passage of the federal Energy Policy Act of 1992, which removed barriers to competition in the wholesale generation of the electricity business. The CAISO is regulated by the FERC because interstate transmission lines fall under the jurisdiction of federal commerce laws. [3]

Settlement for blackout

California Independent System Operator settled with the Federal Energy Regulatory Commission and the North American Electric Reliability Corporation for $6 million for violations of standards related to the 2011 Southwest blackout.[4][5]

See also

References

  1. ↑ "Understanding the CAISO.". caiso.com. Retrieved 2013-07-20.
  2. ↑ CAISO website "CAISO" Check |url= value (help). CAISO. 2013. Retrieved July 20, 2013.
  3. ↑ CAISO website "CAISO" Check |url= value (help) (PDF). CAISO. 2013. Retrieved July 20, 2013.
  4. ↑ "FERC Approves Fifth Settlement in 2011 Southwest Blackout Case". Federal Energy Regulatory Commission.
  5. ↑ California Independent System Operator, FERC and NERC Reach Settlement Agreement

External links

This article is issued from Wikipedia - version of the Wednesday, December 09, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.