The Western EIM Governing Body discussed CAISO’s summer energy shortfalls, pondering how the EIM could better serve participants during system stress.

BPA acting administrator and CEO John Hairston will officially assume the top job at the federal power marketing agency, the DOE said.

CAISO’s top priority in 2021 will be making sure there is enough generating capacity for summer after last year’s shortfalls.

Benefits for participants in CAISO’s EIM surged past $119 million in the third quarter, a record amount driven by heat waves in Aug. and Sept.

The creation of a Western RTO could save the region more than $1.2 billion annually in electric costs, according to a new study.

CAISO launched a two-part initiative Wednesday that would alter how Western Energy Imbalance Market participants submit their base schedules.

CAISO's outgoing and incoming CEOs answered stakeholder questions in a roundtable discussion hosted by the EIM’s Regional Issues Forum.

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 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 (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.