Western Energy Imbalance Market (WEIM)
Three BANC members and WAPA’s Sierra Nevada division jointly announced they intend to join CAISO's Western Energy Imbalance Market.
Avista's [NYSE:AVA] Scott Kinney explained the factors that led to the utility's decision to join CAISO's EIM during the market’s Regional Issues Forum.
The EIM Governing Body voted unanimously to confirm new member Anita Decker, but Chair Carl Linvill also announced the resignation of member Travis Kavulla.
CAISO secured the largest chunk of the EIM’s $86 million in gross benefits during the second quarter as the solar-heavy ISO exported 2.16 million MWh.
BPA dispelled lingering doubts about its intent to join the Western EIM, but will take time to address stakeholders about how the move will affect them.
Leaders of CAISO and its EIM established a panel to update the EIM’s governance as the real-time market grows and likely adds day-ahead bidding.
A carbon workshop hosted by the EIM underscored how West Coast and Intermountain states can be uneasy partners in CAISO’s real-time market.
The Bonneville Power Administration (BPA) took another step toward membership in the Western EIM when it kicked off a monthlong public comment process.
CAISO is postponing stakeholder initiatives on day-ahead market enhancements and storage-as-transmission assets, while adding four new initiatives.
CAISO said that Turlock Irrigation District, California’s oldest irrigation district, signed an agreement to join the Energy Imbalance Market in April 2021.
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