Western Energy Imbalance Market (WEIM)
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The Bonneville Power Administration released a much anticipated staff report that tentatively recommends the agency choose SPP’s Markets+ over CAISO’s Extended Day-Ahead Market.
EIA
Despite record winter precipitation in California, hydroelectric generation in the Western U.S. fell to a 22-year low in the 2022/23 water year, largely due to drought conditions in Washington and Oregon.
CAISO
Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.
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CAISO scored simultaneous victories in heavily contested territory after Portland General Electric and Idaho Power both signaled their intent to join the Extended Day-Ahead Market.
CAISO
CAISO stakeholders and staff could soon be weighing two options for enabling the EDAM to track GHGs in a way that accommodates the patchwork of different carbon reduction programs across Western states.
West-Wide Governance Pathways Initiative
The West-Wide Governance Pathways Initiative has secured commitments of financial support from 24 utilities and other electricity-sector organizations and expects that list to grow.
CAISO
CAISO's Department of Market Monitoring found that limits on WEIM imports last year led to increased transmission congestion in the ISO's markets.
Powerex
A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.
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The 80-page report represents the latest volley in an ongoing skirmish among Western electricity sector stakeholders over what exactly occurred on the regional grid during the Jan. 12-16 deep freeze.
WAPA
WAPA's Desert Southwest Region pulled out of the second phase of developing SPP's Western day-ahead market after determining it would see few benefits from participating in either Markets+ or EDAM.
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