Common use of Market Monitoring Clause in Contracts

Market Monitoring. The CAISO Department of Market Monitoring shall provide market monitoring services for the EIM, including— (a) monitoring markets administered by the CAISO for potential ineffective market rules, market abuses, market power or violations of FERC market rules prohibiting provision of false information or market manipulation; (b) coordinating with CAISO business units that review and monitor the performance and quality of the CAISO markets; (c) providing recommendations about potential market design flaws or ineffective market rules to the CAISO and FERC; and (d) referring a matter to FERC if the Department of Market Monitoring determines there is sufficient credible information that a violation of FERC or CAISO market rules has occurred.

Market Monitoring. The CAISO Department of Market Monitoring shall provide market monitoring services for the EIM, including— (a) monitoring markets administered by the CAISO for potential ineffective market rules, market abuses, market power or violations of FERC market rules prohibiting provision of false information information, or market manipulation; (b) coordinating with CAISO business units that review and monitor the performance and quality of the CAISO markets; (c) providing recommendations about potential market design flaws or ineffective market rules to the CAISO and FERC; and (d) referring a matter to FERC if the Department of Market Monitoring determines there is sufficient credible information that a violation of FERC or CAISO market rules has occurred.

Market Monitoring. The CAISO Department of Market Monitoring shall provide market monitoring services for the EIM, including—including² (a) monitoring markets administered by the CAISO for potential ineffective market rules, market abuses, market power or violations of FERC market rules prohibiting provision of false information information, or market manipulation; (b) coordinating with CAISO business units that review and monitor the performance and quality of the CAISO markets; (c) providing recommendations about potential market design flaws or ineffective market rules to the CAISO and FERC; and (d) referring a matter to FERC if the Department of Market Monitoring determines there is sufficient credible information that a violation of FERC or CAISO market rules has occurred.