Western Energy Imbalance Market (WEIM)
The West-Wide Governance Pathways Initiative is advancing on its $570,000 funding target. And its members also are wading deeper into one of the key subjects it was conceived to address: CAISO's governance.
CAISO notched another victory in the competition to bring organized markets to the West when the Los Angeles Department of Water and Power’s oversight board authorized the utility to prepare to join EDAM.
CAISO’s WEIM last year hit $5.05 billion in benefits for its members since its inception in 2014, continuing the positive trend of growth tied to an expanding Western footprint.
Solar advocates petitioned FERC to take enforcement action against SRP for setting rates that allegedly discriminate against customers with rooftop solar.
The change of heart comes as participants in the West-Wide Governance Pathways Initiative work to build the framework for an independent RTO.
Backers of an effort to create the framework for an independent Western RTO know how much money they’ll need to get things off the ground, and they’re seeking funders.
Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
The group working to establish a single Western RTO heard summaries of five potential options for a new governing body that could be independent of CAISO.
CAISO's Department of Market Monitoring explained that self-scheduled exports to support stressful conditions led to the declaration of emergency alerts in July.
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