The California Energy Commission plans to initiate a rulemaking to implement Assembly Bill 1373 (Garcia, Chapter 367, Statutes of 2023). As required in the legislation, capacity payments will be assessed to publicly owned utilities in the California Independent System Operator balancing area that fail to meet their planning reserve margin in a month where the Electricity Supply Strategic Reliability Reserve Program resources are triggered to meet an identified reliability need. This report outlines the proposed timeline and implementation process.
