January 22, 2025

CAISO/WEIM

The California Independent System Operator serves about 80% of California's electricity demand, including the service areas of the state's three investor-owned utilities. It also operates the Western Energy Imbalance Market, an interstate real-time market covering territory that accounts for 80% of the load in the Western Interconnection.
Shutterstock
SCE Faces Scrutiny and Risks Amid LA Wildfires
Though no utilities have been blamed for the deadly wildfires in Los Angeles so far, stakeholders cautioned that companies like Southern California Edison are not completely out of the woods and still face financial and legal risk. 
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BPA Not Planning Any Major Resource Acquisitions
BPA is not planning to acquire any major energy resources but is taking steps to ensure it’s ready in case those predictions should change, staff said during a presentation of the agency’s 2024 Resource Program.
California Natural Resources Agency
CEC Workshop to Focus on Impact of Pathways Initiative
The California Energy Commission will hold a workshop to discuss the West-Wide Governance Pathways Initiative, signaling the state may consider a proposal to alter CAISO’s governance structure to accommodate broader concerns about the ISO’s lack of independence from politics.
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Fire Agencies Investigating SCE’s Role in LA Fire, Utility Says
Fire agencies are investigating whether Southern California Edison’s equipment ignited one of the fires currently ravaging Los Angeles, the utility said in a news release.
CAISO
WEIM Q3 Prices Down Despite Increased Loads, CAISO DMM Finds
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
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Benefits of Fast-start Pricing Questionable, CAISO DMM Says
Establishing a fast-start pricing mechanism in CAISO and the WEIM is complex and brings few benefits compared to other potential market enhancements, the ISO's Department of Market Monitoring said.
Cal Fire
No Grid Impact from LA Fires, CAISO Says
The rapidly spreading brush fires that have devastated multiple communities around Los Angeles are not expected to affect California’s broader transmission grid, CAISO said.
Algonquin Power
LS Power Completes Purchase of Algonquin Power’s Renewables
LS Power closed on its deal to buy Algonquin Power's renewable business, adding thousands of megawatts around North America along with a deep development pipeline of clean energy projects.
Bonneville Power Administration
In Letter to Senators, BPA Tempers Markets+ Leaning
The Bonneville Power Administration tamped down expectations that it is all in on SPP’s Markets+, clarifying in a recent letter to lawmakers representing Oregon and Washington that it’s still weighing the pros and cons of joining a day-ahead market.
The Bonneville Power Administration
BPA Market Decision on Track Despite Calls for Delay
BPA remains on track to issue a decision on which day-ahead market to join by May 2025 despite calls to delay it until fall 2025 to give the agency more time to reconsider its leaning toward SPP’s Markets+.

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