EDAM
PacifiCorp and Portland General Electric remain on track to join CAISO’s Extended Day-Ahead Market on their planned entry dates, although the schedule remains “very tight and very aggressive."
The West-Wide Governance Pathways Initiative’s Launch Committee Co-Chair Pam Sporborg said the stakeholder process of the new regional organization that will oversee CAISO’s energy markets is an evolution of the ISO’s Regional Issues Forum.
State regulators approved an accounting order for Public Service Company of New Mexico’s participation in CAISO’s Extended Day-Ahead Market, in a case that rekindled the debate over which day-ahead market PNM should choose.
The Northwest faces a “pretty scary” situation, with a new study showing a potential 9-GW capacity shortfall by 2030, increased energy prices and building constraints, PNGC Power's CEO said.
The Colorado PUC issued a split decision approving Public Service Company of Colorado’s application to join SPP’s Markets+, finding that market participation is in the public interest and will “provide a number of benefits.”
NV Energy notified the Public Utilities Commission of Nevada that it plans to leave the Western Power Pool’s Western Resource Adequacy Program, citing five critical issues with the program’s design.
A wide variety of stakeholders — including representatives of the DER sector — will serve as advisers to the Pathways Initiative as it enters its next phases.
With California passing the bill designed to transition the governance of CAISO’s markets to an independent regional organization, new challenges await the West-Wide Governance Pathways Initiative as the coalition seeks to turn a once-elusive goal into reality.
After years in the making, CAISO released a price formation proposal intended to reduce “unnecessary” market power mitigation, strengthen reliability and provide consistent pricing incentives in the WEIM and future EDAM.
Six Western U.S. senators came out in support of the California legislation needed to transform CAISO’s market into an independent regional energy market, saying in a letter to Gov. Gavin Newsom the bill promises "improved grid reliability and significant energy cost savings.”
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