FERC recently approved the California ISO’s (CAISO) proposal to lower a bidding floor to more efficiently address a growing “over generation” problem due in part to increasing “variable energy” (i.e., typically renewable) resources.  A bit of background is needed to understand the problem and the solution.

CAISO operates two bid-based energy spot markets to secure

FERC recently revised its rules for interconnecting small generation facilities (no more than 20 MW) to the grid.  Among other things, the new rules provide increased flexibility in qualifying for a “fast track” interconnection process, especially for solar and energy storage resources.

Under FERC’s small generator interconnection procedures, a generator makes an interconnection request and