Balancing Authority of Northern California (BANC)

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EDAM Utilities Moving to Develop RA Program
The push to develop a resource adequacy program serving non-CAISO members of the ISO’s Extended Day-Ahead Market appears to be gathering momentum, with backers saying they aim to produce a draft design for the program in April.
CAISO
CAISO WEIM Surpasses $8B in Cumulative Benefits
CAISO’s Western Energy Imbalance Market surpassed $8 billion in cumulative economic benefits since its 2014 launch after providing participants with $415.65 million in gross benefits in the fourth quarter of 2025, according to an ISO report.
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UPDATED: NV Energy Filing Reveals Extensive Talks Around EDAM RA Program
Future participants in CAISO’s EDAM have already held extensive talks about developing an alternative to the Western Power Pool’s WRAP for non-CAISO EDAM members, NV Energy confirmed in a filing with Nevada utility regulators.
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FERC OKs Extension of WEIM Assistance Energy Transfer Feature
FERC granted CAISO's request to remove the sunset date on the Western Energy Imbalance Market Assistance Energy Transfer feature, which has been used by more than 10 of the market’s balancing area authorities in recent years.
Brattle Group
Brattle Study Finds Similar PRMs Under Alternative Western RA Footprint
A new Brattle Group study examined the impact on planning reserve margins of an alternative Western resource adequacy program that includes expected participants in CAISO’s Extended Day-Ahead Market.
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Pathways Initiative Unveils RO Proposed Name, Bylaws
The West-Wide Governance Pathways Initiative is preparing to file the incorporation documents for the independent RO that will govern CAISO’s energy markets, while funding challenges remain.
CAISO
WEIM Q2 Benefits Exceed $420M, as Total Tops $7.4B
CAISO’s Western Energy Imbalance Market provided participants with $422.44 million in economic benefits during the second quarter of 2025, up 15% compared with the same period year earlier despite no change in membership. 
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Pathways Initiative Seeks $7.1M to Fund RO

The West-Wide Governance Pathways Initiative’s Launch Committee estimates it will cost about $7.1 million to launch the independent regional organization that eventually will oversee energy markets in the West.

Balise42, CC BY-SA-4.0, via Wikimedia Commons
Pathways Inches Closer to Seating RO Board
The West-Wide Governance Pathways Initiative’s Launch Committee said it hopes to seat a permanent board by either next year or 2027 for the regional organization that will govern energy markets in the West.
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WEIM Experience, Reliability Benefit Drove EDAM Decision, BANC Says
For the Balancing Authority of Northern California, a positive experience with CAISO’s Western Energy Imbalance Market was a key factor in the decision to also join the ISO’s Extended Day-Ahead Market.

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