Re: California Independent System Operator Corporation Filing of Joint Owned Unit Pilot AgreementJoint Owned Unit Pilot Agreement • October 22nd, 2021 • California
The California Independent System Operator Corporation (“CAISO”) submits for filing and acceptance an agreement, the Joint Owned Unit (“JOU”) Pilot Agreement (“Agreement”), dated October 21, 2021, among the CAISO, the Public Service Company of New Mexico (“PNM”) and Tucson Electric Power (“TEP”).1 The Agreement sets forth the terms under which the CAISO will model a single resource located in the PNM balancing authority area shared by PNM and TEP, and how the PNM and pseudo- tied TEP resource shares located in separate balancing authority areas will participate in the Energy Imbalance Market on a pilot basis (“JOU Pilot”). The JOU Pilot is an integral component of TEP’s participation in the EIM starting on April 1, 2022.
