Fika (CAISO-2216) — Project Summary

Queue ID
CAISO-2216
Capacity
258.47 MW
Technology
Battery
Status
active
Location
Merced, CA
Region
CAISO
Developer
—
IA Status
Not Started

Fika

CAISO-2216BetaActiveBatteryCAISOLBNL

258.47 MW storage in Merced, CA · In queue since April 2023 · Proposed COD June 2029

258.47 MW

Capacity

1

Components

Battery

3y 1m

In Queue

Not Started

IA Phase

COD target: 2029

Interconnection

Total Duration

6y 2m

Study Phase

Cluster 15

In Study38%
Queue EntryApr 17, 2023

Interconnection request submitted to ISO/RTO

Cluster Study (Phase I/II)Current

CAISO uses cluster studies where projects are batched annually and studied together.

Typical: 36–48 months (IR to IA)

Interconnection Agreement

Interconnection agreement not yet executed

Typical: 30–60 days (negotiation)

Commercial Operation

Proposed COD: 2029-06-30

About
CAISO Queue

No description available for this project.

Development Risk

Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

CA

County

Merced

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

—

Utility

PGAE

Entity

CAISO

Service Type

NRIS

Point of Interconnection

QUINTO SW STA 230 kV

Data Source

LBNL

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

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See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Generation Forecast

Forward generation outlook — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. The bankability view that determines whether the deal clears its covenants once online. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
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Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.