Please note date correction below.


> Market Participants,
>
> Pursuant to FERC "Must Offer" requirements, the CAISO will begin
> submitting "Must Offer" bids for any gas fired resource that has
> additional capacity and that has not submitted a supplemental energy bid
> on their own behalf.  "Must Offer" bids will be submitted during all
> operating hours (mitigation and non-mitigation hours).  The CAISO will
> begin "Must Offer" Bid submissions on July 2, 2001 HE 1000.  Dispatch
> instructions for "Must Offer" bids will be sent through ADS.
>
> All "Must Offer" bids submitted by the CAISO will be in the form of a
> supplemental energy bid and will be priced based on a proxy energy curve.
> Market Participants are strongly  encouraged to submit bids on their own
> behalf for all available capacity from their generating resources.
>
> For additional information concerning "Must Offer" bids, please contact
> Brian Rahman at 916-608-5883 or Greg Ford at 916-351-2344.
>
> Market Operations
> California ISO
>
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