Western Energy Imbalance Market (WEIM)
Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.
NV Energy’s decision to join CAISO's Extended Day-Ahead Market rather than SPP's Markets+ was based partly on concerns that participation in the latter would “lead to substantial expenditures with limited results,” a representative of the Nevada utility said.
A group of Southwest electric cooperatives explore ways to motivate the Western Area Power Administration’s Desert Southwest Region to join CAISO’s Extended Day-Ahead Market.
First-quarter electricity prices in CAISO markets were down sharply from the same period in 2023, despite sharp spikes during the January cold snap in the Pacific Northwest, the ISO’s Department of Market Monitoring said.
The West-Wide Governance Pathways Initiative has revised its “regional organization” stakeholder process proposal to expand the size of a key stakeholder committee and boost representation for some groups.
The growth of battery storage resources in the West largely contributed to an "uneventful" summer on the grid, despite record-breaking peak loads and temperatures.
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.
Pairing power-hungry data centers with clean energy resources is sparking mixed feelings among regulators, who say the grid already is straining with increased electrification and connecting new energy sources.
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