INITIATIVE:
Market settlement timeline

Started: Jun 13, 2019

Leads
Perry Servedio

This initiative will explore increasing settlement statement accuracy and timeliness, allowing sufficient time to resolve disputes and streamline the settlement cycle, and reduce administrative costs of processing disputes by identifying a dispute dollar threshold.

Outcome: The California ISO activated Market Settlements Timeline Transformation (MSTT) on Jan. 1, 2021.  MSTT will benefit market participants by enabling the ISO to produce initial settlement statements that will more closely approximate the final settlement, and allow sufficient time for the ISO and market participants to resolve disputes.

 

Status

Proposal Development Decision Implementation Completed/Closed
Sep 23, 2019 Draft final proposal


Nov 13, 2019 Board of Governors approval
Oct 30, 2019 EIM Governing Body briefing
Oct 02, 2020 FERC approval (ER20-2617)
Dec 2020 Deployment
Jan 2021 Activation
Completed

Activities


Web meeting


Presentation - Market Settlement Timeline Draft Tariff Language - Jun 5, 2020

Explanation - Market Settlement Timeline - Draft Tariff Language
Please read this explanation prior to reviewing draft tariff language documents

Draft Tariff Language - Market Settlement Timeline (Section 11)

Draft Tariff Language - Market Settlement Timeline (Outside Section 11)


Notice of Decisional Classification - Market Settlement Timeline

Web meeting


Draft Final Proposal - Market Settlement Timeline

Presentation - Market Settlement Timeline - Sep 30, 2019

Sample Payment Calendar - Market Settlement Timeline - Draft Final Proposal

Web meeting


Revised Straw Proposal - Market Settlement Timeline

Presentation - Market Settlement Timeline - Aug 22, 2019

Sample Payments Calendar - Market Settlement Timeline - Straw Proposal

Web meeting


Issue Paper and Straw Proposal - Market Settlement Timeline

Presentation - Market Settlement Timeline - Jun 13, 2019