December 22, 2024

Western Energy Imbalance Market (WEIM)

Tacoma Public Utilities
Pathways Step 2 Not Good Enough, Markets+ Backers Say
The West-Wide Governance Pathways Initiative still grapples with political uncertainties and governance concerns despite efforts to fix those issues, proponents of SPP’s Markets+ contended.
Powerex
Powerex to Cancel Rights on PacifiCorp Tx System over EDAM Changes
Powerex intends to terminate a large portion of its rights on PacifiCorp’s transmission system in response to the utility’s plans to update its transmission tariff to align with CAISO’s EDAM.
Markets+ Joint Authors using CAISO data
Markets+ ‘Alert’ Covers CAISO’s Dual Roles as Market Operator, BA

CAISO will be inherently compromised in its role as an operator of a deeper Western market because of its conflicting responsibilities as BA within that market, a group of entities that support SPP’s Markets+ argue in their latest “issue alert.”

© RTO Insider LLC
Proposal to Refine Bid Cost Recovery for Storage Passes Unanimously

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.

NW Energy Coalition
CAISO, WEM Boards Approve Pathways ‘Step 1’ Tariff Amendments

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.

Arizona G&T
Arizona G&T Cooperatives Announces Pursuit of EDAM Benefits Study
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.
CAISO
CAISO Q1 Prices Down Sharply Despite NW Cold Snap, DMM Reports
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.
West-Wide Governance Pathways Initiative
Revised Pathways Proposal Focuses on Sector Issues
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.
NOAA
Batteries, Energy Transfers Support ‘Uneventful’ Summer in West
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.
The Brattle Group
Brattle Study Finds EDAM Gains, Markets+ Losses for BPA, Pacific NW
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.

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