Six Western U.S. senators came out in support of the California legislation needed to transform CAISO’s market into an independent regional energy market, saying in a letter to Gov. Gavin Newsom the bill promises "improved grid reliability and significant energy cost savings.”
Washington’s Ecology Department clarified that cap-and-invest rules that apply to CAISO’s Western Energy Imbalance Market also will cover the ISO’s Extended Day-Ahead Market when it begins operations in 2026.
Four Western utility executives participating in an Energy Bar Association webinar presented their reasoning for why they ultimately chose either SPP’s Markets+ or CAISO’s EDAM, with some eyeing the creation of a full regional transmission organization in the future.
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’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
After months of negotiations, the author of the California legislation needed to transform CAISO’s market into an independent regional energy market for the West is confident the state legislature will have a bill to vote on before the session wraps up
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
CAISO staff showed how the grid operator plans to implement certain parts of its Extended Day-Ahead Market, with stakeholders asking for more time to comment on what they said crossed into potential policy revisions.
