quarterly electric and fiber issues update april 2005 on ferc caiso cpuc transmission other related activities industry market design in california the independent system operator continues development of redesign & technology mrtu project toward a february 2007 implementation date this is now referred to as release 1 with 2 planned for an undetermined future policy tariff deferred are those that has determined would delay but can function without while however not shared any economic or risk analyses show costs benefits vs incomplete flawed will be submitting filing may ask conceptual approval three proposals mechanism clearing demand bids hour ahead scheduling process 3 power mitigation provisions at point no longer considering transitional alternative pricing settlement tapas it confident seller s choice have been satisfactorily