CAISO/WEIM
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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.
A new initiative to streamline and expand bilateral trading in the Western Energy Imbalance Market and Extended Day-Ahead Market has been launched, marking another step toward EDAM implementation.
Responding to stakeholder pushback, CAISO has extended the timeline of its initiative refining bid cost recovery provisions for storage resources to allow for more discussion.
FERC rejected without prejudice Basin Electric’s proposed cryptocurrency and large load rate schedules, saying it had not demonstrated that such loads pose a greater stranded asset risk.
Protecting the public interest while implementing the Extended Day-Ahead Market and expanding the Western footprint was central to the discussion in a West-Wide Governance Pathways Initiative workshop.
A proposal to elevate the Western Energy Markets Governing Body’s authority over CAISO energy markets was unanimously approved by the Governing Body and ISO Board of Governors
The integration of Markets+ with the Western Resource Adequacy Program would be among a handful of key reliability benefits of SPP’s Western day-ahead offering, according to an “issue alert” published by 10 entities that backed development of the market.
FERC approved two enforcement orders requiring several battery storage operators to pay more than $1 million in fines and remit nearly $1.9 million back to CAISO.
CAISO CEO Elliot Mainzer, ERCOT CEO Pablo Vegas and MISO's Todd Hillman joined a USEA webinar to discuss grid reliability amid increases in extreme weather and load growth.
Five years ago, load growth from transportation electrification was a major issue for policymakers, according to speakers at a webinar. Now the focus has shifted to data centers.
A new CAISO proposal seeks to address unwarranted BCR payments to storage resources, an issue that has stirred controversy over the last month.
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