December 4, 2024

Western Energy Imbalance Market (WEIM)

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New Western ‘Regional Organization’ Could be Folsom-based
The new "RO" envisioned by the West-Wide Governance Pathways Initiative might be based near CAISO’s headquarters in Folsom, Calif., according to a straw proposal.
CAISO
CAISO Advances Pathways Initiative ‘Step 1’ Proposal to Board Vote
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
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BPA Stepping up Participation in Pathways Initiative
The Bonneville Power Administration is ramping up its engagement with the West-Wide Governance Pathways Initiative, an executive with the federal power agency said.
CAISO
WEIM Governing Body Officially Changes Name
The WEIM Governing Body voted to change its name to the “Western Energy Markets” Governing Body to better reflect its full scope of responsibility since it began overseeing CAISO’s EDAM.
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Pathways Participants See ‘Pivotal’ Chance to Build New Kind of RTO
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
Grid United
Study: Significant Benefits for Merchant Tx Line
High-voltage transmission developer Grid United says its proposed North Plains Connector would provide significant reliability capacity benefits to interregional transmission, according to a study.
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Portland General Electric Formalizes EDAM Commitment
Portland General Electric became the second entity in the Western U.S. after PacifiCorp to sign an implementation agreement for the Extended Day-Ahead Market.
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Busy Summer Ahead for Pathways Initiative
Participants in the West-Wide Governance Pathways Initiative face a busy meeting schedule this summer as the group’s leaders look to advance on parallel fronts to develop a Western “regional organization.”
Moonwater Capital
PUCN Sets Framework for NV Energy’s EDAM Participation
As NV Energy moves forward with plans to join CAISO’s Extended Day-Ahead Market, Nevada regulators have laid out a framework for how the company can seek approval for EDAM participation.
Renewable Northwest
Group Claims Powerex Backing Markets+ to Benefit from Divided West
A new study commissioned by Renewable Northwest says Powerex is poised to benefit if the West ends up divided between CAISO’s EDAM and SPP’s Markets+.

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