September 29, 2024

Western Energy Imbalance Market (WEIM)

© RTO Insider LLC
BPA Set to Go Live in Western EIM in May
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
SPP to Phase Out WEIS as New Market Offerings Expand
SPP said it plans to close its Western Energy Imbalance Service, with members joining either its proposed Markets+ program or its Western RTO.
TC Energy
Ariz. Regulators Reject Expansion of SRP Gas Plant
Arizona regulators have rejected Salt River Project’s proposed expansion of the Coolidge Generating Station, a gas-fired power plant in Pinal County.
CAISO
CAISO Reports High Energy Prices in Q4
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.
© RTO Insider LLC
BPA ‘Full Speed Ahead’ on May WEIM Entry, but Issues Remain
BPA is on track to enter the Western Energy Imbalance Market on May 3, despite lingering issues with software systems related to market integration.
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FERC Approves BPA’s 2022 Power and Transmission Rates
FERC approved the BPA’s proposed 2022 wholesale power and transmission rates — a formality by the commission that carries little weight under federal law.
Tri-State Generation and Transmission
FERC Extends Deadline to Justify Exceeding Price Cap in West
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.
BLM
Bill to Expand Powers of Wash. Siting Council Passes Senate
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
Changing Grid, State Policies Favor Western RTO
CAISO, SPP and the Western Power Pool are all maneuvering to organize the Western electricity sector, and conditions finally seem ripe for change.
NWPP
NWPP Rebrands as Western Power Pool
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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