Message-ID: <10690827.1075863604249.JavaMail.evans@thyme> Date: Mon, 28 Aug 2000 14:47:00 -0700 (PDT) From: bwoertz@caiso.com To: 20participants@caiso.com, scsettlecontacts@caiso.com Subject: CAISO Notice - Ten Minute Settlements Implementation September 1 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Woertz, Byron" X-To: ISO Market Participants , SC Settlements Contacts X-cc: X-bcc: X-Folder: \Robert_Badeer_Aug2000\Notes Folders\Notes inbox X-Origin: Badeer-R X-FileName: rbadeer.nsf Market Participants SC Settlements Contacts After the 10 Minute Settlement Market Simulation conference call on Friday August 25, Market Participants' concerns of readiness were brought before the ISO Officers. The Officers discussed these concerns as well as the two previous delays (June and August) in implementing Ten Minute Settlements. Weighing all of these issues, the ISO believes that there is a compelling need to put a pricing structure in place to realize a substantial saving in real time energy costs. Therefore, the ISO has decided to continue with the Ten Minute Settlement implementation date of September 1, 2000. Nancy Traweek Director, Market Operations Byron Woertz Director, Client Relations