Western Energy Imbalance Market (WEIM)
The Bonneville Power Administration is on target to enter the Western EIM in early May after executives made a final determination on its market readiness.
SPP said it plans to close its Western Energy Imbalance Service, with members joining either its proposed Markets+ program or its Western RTO.
Arizona regulators have rejected Salt River Project’s proposed expansion of the Coolidge Generating Station, a gas-fired power plant in Pinal County.
A CAISO market report says high natural gas prices drove a 50% run-up in electricity costs in Q4 2021, hitting the Western Energy Imbalance Market as well.
BPA is on track to enter the Western Energy Imbalance Market on May 3, despite lingering issues with software systems related to market integration.
FERC approved the BPA’s proposed 2022 wholesale power and transmission rates — a formality by the commission that carries little weight under federal law.
Sellers of spot electricity deliveries that exceed the Western price cap will now have more time to submit the FERC filing required to justify higher prices.
Washington Senate Democrats greenlit a bill that would expand the authority of the body that makes citing decisions for energy facilities in the state.
CAISO, SPP and the Western Power Pool are all maneuvering to organize the Western electricity sector, and conditions finally seem ripe for change.
In a move that signifies its expanding reach across the Western Interconnection, the Northwest Power Pool has rebranded itself as the Western Power Pool.
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