January 10, 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.
IBEW
Former Opponents Shift Position on CAISO ‘Regionalization’
The change of heart comes as participants in the West-Wide Governance Pathways Initiative work to build the framework for an independent RTO.
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Western Pathways Initiative Sets Budget, Seeks Funders
Backers of an effort to create the framework for an independent Western RTO know how much money they’ll need to get things off the ground, and they’re seeking funders.
Western Markets Exploratory Group
NM Regulators to Explore Findings on Day-Ahead Market at RTO Workshop
The New Mexico Public Regulation Commission will dive into a report on the financial implications of a Western day-ahead electricity market.
The Breakthrough Institute
Diablo Canyon Secures $1.1B DOE Award to Support Operations
The 2,200-MW PG&E plant will be the first recipient of federal funds being made available to shore up operations at U.S. nuclear plants that face imminent closure.
FERC
Vitol to Pay $2.3M for CAISO Market Manipulation
FERC approved $2.3 million in penalties against Vitol and one of its traders for manipulating CAISO's market in 2013 to limit losses stemming from the firm's congestion revenue rights position.
CAISO
Report Details CAISO Response to Partial Solar Eclipse

The partial solar eclipse of Oct. 14, 2023, knocked 4,500 MW of solar generation off the CAISO grid — about 1,000 MW more than the reduction seen during the August 2017 total eclipse.

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Citing California Law, FERC Rejects PG&E Request for RTO Adder
FERC rejected PG&E's request for an adder to its transmission rates based on its participation in CAISO, finding that California law precludes it from leaving the ISO without the state’s permission.
© RTO Insider LLC
West Entered Pivotal Period for RTO Development in 2023

Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.

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CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
Westside Governance Pathways Initiative
Western RTO Initiative Outlines Governance Options
The group working to establish a single Western RTO heard summaries of five potential options for a new governing body that could be independent of CAISO.

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