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Congestion Revenue Rights (CRR) Initiative

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Background
Over the last two years the CAISO and stakeholders have established a structure for creating and releasing Congestion Revenue Rights (CRR), a set of financial instruments of varying terms by which market participants can obtain greater certainty over their potential exposure to congestion costs on their Day-Ahead energy schedules under MRTU.

Much of this structure is encapsulated within Section 36 of the filed MRTU tariff that has been conditionally approved by FERC, and has since been significantly amended by an additional compliance filing for Long-Term CRRs. A CRR Dry Run has been conducted to convey greater understanding and familiarity with the rules for releasing CRRs, and the CAISO reported to FERC on March 30, 2007, the results of this important simulation of the CRR production process.

This initiative seeks to finalize the rules of the CRR structure so that the CAISO can initiate the processes to release actual CRRs that will become effective upon the start-up of MRTU.

Outcome
Pending closure of initiative


Process
Relevant Market Notices
Blythe Path 59 Upgrade
CRR Outage Coordination 30 Day Rule Implementation
2009 CRR Release Process
CRR Credit Margin Data and Technical Bulletin
CRR Credit and Release 2 Tariff Language
Non-Disclosure, Use of Information and Confidentiality Agreements
Archive

Blythe Path 59 Upgrade

CDWR Comments on Merchant CRRs for Path 59 Upgrade 17-Oct-2008
pdf 9K | Abstract | 10/20/2008 14:10
MWD Comments on Merchant CRRs for Path 59 Upgrade 17-Oct-2008
pdf 78K | Abstract | 10/20/2008 13:27
Presentation - Merchant CRRs for Blythe Path 59 Upgrade 09-Oct-2008
pdf 61K | Abstract | 10/09/2008 10:37
Discussion Paper - Blythe Path 59 Upgrade by FPL Energy 24-Sep-2008
pdf 40K | Abstract | 09/24/2008 15:54
Blythe Amendment Filing Blacklines 24-Sep-2008
doc 33K | Abstract | 09/24/2008 15:56

CRR Outage Coordination 30 Day Rule Implementation

JPMV Comments on CRR 30-Day Outage Rule
pdf 20K | Abstract | 09/23/2008 15:25
SCE Comments on CRR 30-Day Outage Rule
pdf 18K | Abstract | 09/23/2008 15:24
Agenda - CRR Outage Coordination 30 Day Rule Workshop 15-Sep-2008
pdf 76K | Abstract | 09/08/2008 16:09
Presentation-Implementing the CRR 30-Day Rule
pdf 94K | Abstract | 09/10/2008 14:08
Presentation - CRR Outages and Need for 30 Day Rule - Alan Isemonger
pdf 248K | Abstract | 09/11/2008 16:56

2009 CRR Release Process

-- Proposed Tariff Language

Proposed Tariff Language for CRR 2009 Release Process Changes
doc 47K | Abstract | 08/29/2008 16:51
AReM Comments on Draft CRR Tariff Language 29-Aug-2008
pdf 32K | Abstract | 09/04/2008 13:14
PGE Comments on Draft CRR Tariff Language 29-Aug-2008
pdf 15K | Abstract | 09/05/2008 10:53
SCE Comments on Draft CRR Tariff Language 29-Aug-2008
pdf 67K | Abstract | 09/05/2008 10:57
SMUD Comments on Draft CRR Tariff Language 29-Aug-2008
pdf 32K | Abstract | 09/04/2008 14:36

[Top of CRR Initiative Page]
[Back to CRR Production Page]

-- Revised White Paper 26-Aug-2008

Presentation - 2009 Release Process and Revised White Paper 27-Aug-2008
pdf 212K | Abstract | 08/27/2008 10:26
Revised White Paper: Release of 2009 CRRs and Start-up of MRTU Markets 26-Aug-2008
pdf 92K | Abstract | 08/26/2008 09:46
AreM Comments on Revised White Paper 26-Aug-2008
htm 1K | Abstract | 09/03/2008 07:57
EPIC Comments on Revised White Paper 26-Aug-2008
pdf 13K | Abstract | 09/03/2008 08:00
PG&E Comments on Revised White Paper 26-Aug-2008
pdf 18K | Abstract | 09/03/2008 08:03
SCE Comments on Revised White Paper 26-Aug-2008
pdf 96K | Abstract | 09/03/2008 08:05
SMUD Comments on Revised White Paper 26-Aug-2008
pdf 17K | Abstract | 09/03/2008 08:08
SWP Comments on Revised White Paper 26-Aug-2008
pdf 17K | Abstract | 09/03/2008 08:13

[Top of CRR Initiative Page]
[Back to CRR Production Page]

-- White Paper 08-Aug-2008

Presentation - 2009 CRR Release Process 14-Aug-2008
pdf 77K | Abstract | 08/14/2008 10:40
White Paper - Release of 2009 CRRs and Start-up of MRTU Markets 08-Aug-2008
pdf 74K | Abstract | 08/08/2008 10:53
Citadel Investment Group Comments on White Paper 08-Aug-2008
pdf 18K | Abstract | 08/25/2008 09:38
PG&E Comments on White Paper 08-Aug-2008
pdf 70K | Abstract | 08/25/2008 09:39
SMUD Comments on White Paper 08-Aug-2008
pdf 592K | Abstract | 08/25/2008 09:41
SDG&E Comments on White Paper 08-Aug-2008
pdf 77K | Abstract | 08/25/2008 09:42
SVP Comments on White Paper 08-Aug-2008
pdf 13K | Abstract | 08/25/2008 09:44
SCE Comments on White Paper 08-Aug-2008
pdf 84K | Abstract | 08/25/2008 09:45
SWP Comments on White Paper 08-Aug-2008
pdf 23K | Abstract | 08/25/2008 09:46

[Top of CRR Initiative Page]
[Back to CRR Production Page]

Technical Bulletins

MRTU Technical Bulletin 2007-08-010: Existing Transmission Contracts, Converted Rights, and Eligibility for Allocation of Congestion Revenue Rights
pdf 58K | Abstract | 07/10/2008 11:01

CRR Credit and Release 2 Tariff Language

Revised CRR Credit and Release 2 Draft Tariff Language
doc 158K | Abstract | 05/19/2008 08:52
CRR Credit and Release 2 Draft Tariff Language
doc 153K | Abstract | 05/13/2008 21:26
J. Aron & Company Comments on CRR Credit and Release 2 Draft Tariff Language
pdf 48K | Abstract | 05/22/2008 10:07
PG&E Comments on CRR Credit and Release 2 Draft Tariff Language
pdf 48K | Abstract | 05/23/2008 08:44
SCE Comments on CRR Credit and Release 2 Draft Tariff Language
pdf 24K | Abstract | 05/22/2008 10:13

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Non-Disclosure, Use of Information and Confidentiality Agreements

CAISO Non-Disclosure and Use of Information Agreement for Congestion Revenue Rights Full Network Model (CRR FNM)
pdf 26K | Abstract | 12/06/2007 14:06
WECC Nonmember Confidentiality Agreement for WECC Data
pdf 560K | Abstract | 08/15/2006 11:24

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