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.
The Pathways Step 2 proposal offers a blueprint for divvying up functions between CAISO and the RO that backers envision will provide an independent framework for governing the ISO’s Western markets.
A nonprofit that wants to invest up to $1 billion into PG&E's transmission system received approval to join CAISO as a participating transmission owner.
BPA should be allowed to decide on a day-ahead market without outside federal interference, a group of Northwest publicly owned utilities that favor SPP’s Markets+ told DOE in a letter.
The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.
CAISO’s Board of Governors and the Western Energy Markets Governing Body voted unanimously to pass a proposal that will modify the calculation used to determine bid cost recovery payments for storage resources.
CAISO’s Board of Governors and WEM Governing Body approved ISO tariff amendments needed to implement the West-Wide Governance Pathways Initiative’s “Step 1” proposal.
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.
The volume of data center load growth in the U.S. will depend on how things play out in the broader economy, a Google representative told a gathering of Western state energy officials.
