September 30, 2024

Western Energy Imbalance Market (WEIM)

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CAISO Retiring, Incoming CEOs Field Questions
CAISO's outgoing and incoming CEOs answered stakeholder questions in a roundtable discussion hosted by the EIM’s Regional Issues Forum.
Solid Support for EIM Joint Authority Plan
EIM stakeholders broadly support a proposal that would expand the Governing Body’s approval authority and grant it a “more collaborative” relationship with CAISO’s board.
Heat Waves, Blackouts Slow Western EIM Expansion
Heat waves and capacity shortfalls have slowed an effort by the Western EIM to expand from a real-time interstate trading forum to a day-ahead market.
PGE Traders Burned by California Heat Wave
PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.
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CAISO Names Bonneville Power Administrator as New CEO
CAISO named the head of BPA as its new chief Thursday, a move that could help further the expansion of the Western EIM and increase its regional influence.
FERC Ends Idaho Power MBRA Probe
FERC found Idaho Power had satisfied standards for market-based rate authority and terminated a proceeding it had ordered to find out if the utility was exercising market power in its BAA.
EDAM Design Could Undermine Tx Rights, Critics Say
The proposed expansion of CAISO’s Western Energy Imbalance Market to a day-ahead market won’t be as voluntary as advertised, some stakeholders are arguing.
CAISO Proposal Sets Course for EIM Day-ahead
CAISO issued a proposal outlining the leading edge of its plan to bring day-ahead trading to the Western Energy Imbalance Market.
CAISO Briefs Western EIM on Hybrid Resources
CAISO presented the Western Energy Imbalance Market’s Governing Body its plan for accommodating hybrid generation and storage resources.
FERC Clarifies Western EIM Order
FERC reaffirmed its rejection of a proposed net export limit to help the Western EIM avoid unintended consequences of market power mitigation.

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