The California ISO Department of Market Monitoring plans to post the 2021 Annual Market Issues and Performance Report on July 27, 2022, and has scheduled a stakeholder web conference on July 29 to discuss reported analysis and findings.
The 2021 Annual Report provides highlights of significant market changes and performance. In the California , total wholesale electric costs rose by 33 percent, increasing to $12.6 billion or about $56/MWh. Natural gas prices increased across the West and in the California spot market, driving electricity prices up.
Expansion of the Western Energy Imbalance Market helped improve the overall structure and performance of the real-time market in the ISO and other participating balancing areas. In 2021, four new balancing areas joined the Western Energy Imbalance Market and participation by one area expanded.
Summer supply margins were bolstered by significant market design changes and the integration of additional capacity. The report finds that the ISO and energy imbalance markets continued to perform efficiently and competitively.
Information related to market monitoring is available on the Market Monitoring webpage.
Meeting Details
Date: July 29, 2021
Time: 10 a.m. - 12 p.m. Pacific Time
Add to calendar
Web and audio participation information
Step 1: join web conference
Step 2: connect to audio by selecting computer audio or select call me and enter your phone number
Audio only participation: call 1-888-251-2949 or 215-861-0694, access code: 6154601#
Technical support: call AT&T Help Desk at 1-888-793-6118
