Western Energy Imbalance Market (WEIM)
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The CAISO Board of Governors and Western Energy Markets Governing Body passed two proposals that address different issues within Western markets.
West-Wide Governance Pathways Initiative
Pathways released its Step 2 draft proposal for dividing up functions between CAISO and the new “regional organization” that initiative backers are seeking to create to oversee the ISO’s Western real-time and day-ahead markets.
The Brattle Group
PacifiCorp is poised to realize up to $359 million a year in net benefits from participating in CAISO’s EDAM, nearly double a previous estimate, according to a newly updated study by The Brattle Group.
Idaho Power
FERC largely approved Order 2023 compliance filings for four utilities in the West and Texas, directing them to submit further compliance filings within 60 days.
The Brattle Group
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution to tackling market seams than under CAISO’s EDAM.
Bonneville Power Administration
CAISO’s adoption of the Pathways Initiative’s “Step 1” changes won't overcome BPA’s objections to the governance of the ISO’s EDAM, Administrator John Hairston told U.S. senators from the Pacific Northwest.
Western Power Pool
The Western Resource Adequacy Program’s key stakeholder body approved a plan that would postpone the start of its penalty phase by one year, to summer 2027.
Tacoma Public Utilities
Enhanced protections against uncompetitive market behavior are among several tools to ensure fair and accurate pricing under a Markets+ framework, according to the latest "issue alert" from entities that back its development.
Bonneville Power Administration
The Bonneville Power Administration will delay its decision on choosing between SPP’s Markets+ and CAISO’s Extended Day-Ahead Market until May 2025.
Stanford Woods Institute for the Environment
A single Western market is one of the safest bets to address the region’s reliability and cost issues in the face of extreme weather events, proponents of the West-Wide Governance Pathways Initiative said during a panel discussion.
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