FERC has rescinded the West-wide wholesale electricity price cap mechanism it implemented in response to widespread price manipulation during the Western energy crisis of 2000/01, saying development of new markets and expanded authority has led to improved monitoring capabilities.

The Regional Organization of Western Energy selected Western Freedom Executive Director Kathleen Staks as its interim president, while regulatory attorney Lisa Tormoen Hickey will assume the role of interim secretary.

Elliot Mainzer said working at BPA taught him two critical lessons that he's applied at CAISO: the importance of "robust stakeholder engagement" and "collaborative working relationships."

Some parties are urging Nevada regulators to wait until initial results are in for CAISO's Extended Day-Ahead Market before deciding whether to allow NV Energy to join.

CAISO leaders staged a virtual “town hall” to stress the importance of a smooth rollout to the ISO’s Extended Day-Ahead Market in May and promise to address market seams issues.

The West-Wide Governance Pathways Initiative’s Launch Committee asked CAISO to initiate a stakeholder process to create a funding mechanism for the newly incorporated organization that is slated to assume governance over the ISO’s energy markets.

As the West appears to move toward two separate day-ahead markets, data center developers like Google and clean energy companies are investing with the intent to mitigate seams and ensure operational consistency, panelists at an Advanced Energy United webinar said.

CAISO released its first mandatory report under the California assembly bill that paves the way for an independent regional organization to assume responsibility over the ISO’s energy markets.

The California PUC wants CAISO to come up with a way to pause settlements of certain congestion revenue allocations in the ISO’s upcoming Extended Day-Ahead Market if participants begin to game the market through extensive self-scheduling.

Colorado regulators have declined to reconsider their decision finding that it would be in the public interest for Public Service Company of Colorado to join SPP’s Markets+.