September 29, 2024

Western Energy Imbalance Market (WEIM)

BPA
Study Shows Uneven Benefits for California, Rest of West in Single Market

The results from a WMEG study indicate that many entities outside California would see more benefits from a two-market outcome while the Golden State has the most to lose from such a split.

PNM
New Mexico Contemplates Organized Market Choice
When it comes to choosing between Western day-ahead market offerings, who else is participating in the market is a key consideration, a representative of a New Mexico utility said.
© RTO Insider LLC
Stakeholders: Pathway Initiative Offers ‘Fresh Look’ at Western Market
Western stakeholders expressed enthusiasm for the West-Wide Governance Pathway Initiative but called for more transparency in developing a regional market.
CAISO
CAISO May Scrap Policy Catalog; Start from Scratch
CAISO is looking at scrapping a catalog of about 60 proposed policies, which include many stakeholder suggestions, saying the document has become “unwieldy” and it might be better to start over from scratch.
© RTO Insider LLC
NW Stakeholders Divided on BPA Timeline for Day-ahead Decision
Electricity sector stakeholders expressed divisions over BPA's plan to pursue an aggressive timeline for deciding whether to join CAISO’s EDAM or SPP’s Markets+.
© RTO Insider LLC
Forum Turnout, Tone Could Signal Growing Support for EDAM
The stars may not yet have aligned for CAISO in the contest to bring an organized electricity market to the West, but key industry players appeared to be doing just that at an ISO event to celebrate the progress of its Extended Day-Ahead Market.
Ken Lund CC-BY-SA-2.0 via Wikipedia Commons
NV Energy Proposes to Convert Valmy Coal Plant to Gas
NV Energy wants to convert its last coal-fired power plant to a gas-fueled facility, as the utility continues to be plagued with cancellations and delays of planned solar projects.  
CAISO
Idaho Power Seeks FERC Help with $700K WEIM Fine
Idaho Power asked FERC to overturn a $700,000 fine for what it called a minor metering mistake that had no real impact on the Western Energy Imbalance Market.
© RTO Insider LLC
In Contest for the West, Markets+ Gathers Momentum — and Skeptics
While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
WEIM
WEIM Tops $4B in Benefits Months After Hitting $3B
The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.

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