California Independent System Operator (CAISO)
Josh Becker for California
California state lawmakers introduced a much-anticipated bill to implement “Step 2” of the West-Wide Governance Pathways Initiative, marking a significant step toward the creation of a new independent “regional organization” to oversee governance of CAISO’s markets.
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With go-live dates for its first two participants looming in May and October of next year, implementation activities for CAISO’s EDAM are ramping up.
Wyoming Business Council
A workshop on the West-Wide Governance Pathways Initiative has sparked praise for the proposal as well as concerns, including uneasiness over plans to share staffing between CAISO and a new regional organization that would govern Western electricity markets.
CAISO
CAISO's Western Energy Imbalance Market provided participants $374.25 million in benefits during the fourth quarter of 2024, down about 4% from the same period a year earlier, according to an ISO report.
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El Paso Electric says it will join SPP’s regional day-ahead Markets+ service offering in a “strategic move … tailored” to meet expected customer load growth and evolving needs.
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FERC approved CAISO’s tariff revisions related to real-time bid cost recovery rules for energy storage resources.
California Energy Commission
CAISO peak demand will grow from 48.3 GW in 2024 to about 68 GW in 2040, according to a new forecast that attributes much of the increase to data center load.
CAISO
FERC approved an agreement between CAISO and LS Power to develop a transmission line that would deliver Idaho wind power into California and could help secure Idaho Power’s participation in the ISO’s Extended Day-Ahead-Market.
WER Architects Planners
FERC approved SPP’s tariff for Markets+ with minor modifications in what the RTO’s staff described as a “home run” during the Markets+ Participant Executive Committee’s meeting.
SPP
SPP reached a key milepost in its Western efforts when FERC conditionally approved its tariff for Markets+, a highly anticipated decision likely to ramp up the competition with CAISO’s Extended Day-Ahead Market.
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