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CAISO avoiding fix to massive market distortion that harms local renewables [WEBINAR VIDEO LINK]

Presentation or Speech
The webinar featured a presentation providing background on the massive TAC distortion that heaps a 3 cents/kWh disadvantage on local renewables and results in highly unfavorable economic and environmental outcomes. The webinar also summarized how the California independent System Operator (CAISO) has failed to address the TAC issue on a timely basis and provided recommendations for a straightforward fix, at almost no cost, that could be implemented without delay and in a manner that reduces the substantial risks to California that are associated with CAISO’s proposed expansion; and is anticipated to save California ratepayers billions of dollars per year in avoided transmission costs.