RESOURCE ADEQUACY: CPUC Adopts 2027-2029 Local Capacity and UCAP Framework; Baker Presses for Load-Trading Market

The CPUC adopted its final Track 1 Resource Adequacy decision on July 2, setting CAISO's recommended Local Capacity Requirements at 23,618 MW for 2027, 24,545 MW for 2028, and 25,480 MW for 2029. The LA Basin climbs from 6,823 MW to 7,721 MW across the three years.

The decision also adopts CAISO's 2027 Flexible Capacity Requirements, which reach their system-wide maximum in March at 30,378 MW, with the CPUC-jurisdictional share at 29,063 MW.