California Independent System Operator (CAISO)

CAISO
CAISO Advances Pathways Initiative ‘Step 1’ Proposal to Board Vote
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
NERC
Report Says New Energy Metrics Needed
A new report from NERC and the National Academy of Engineering explored the shortcomings of traditional resource adequacy metrics and alternatives under development.
CAISO
CAISO Kicks off Storage Bid Cost Recovery Stakeholder Initiative

Batteries may be receiving excessive or inefficient bid cost recovery payments in CAISO, an issue that could be exacerbated by the ISO’s recent move to increase its soft offer cap to allow for higher bids by storage resources.

CAISO
WEIM Governing Body Officially Changes Name
The WEIM Governing Body voted to change its name to the “Western Energy Markets” Governing Body to better reflect its full scope of responsibility since it began overseeing CAISO’s EDAM.
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CPUC Works to Revamp Tx Permitting Rules
California regulators are overhauling rules regarding the permitting of transmission projects, and one proposal suggests creating a shortcut for projects already approved in a CAISO transmission plan.
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Pathways Participants See ‘Pivotal’ Chance to Build New Kind of RTO
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
Shutterstock
FERC Must Apply Mobile-Sierra to Western Soft Cap Refunds, Court Finds
The D.C. Circuit directed FERC to review a series of 2022 orders requiring wholesale electricity sellers in the West to refund a portion of the high prices they earned during an August 2020 heat wave.
Cal Fire
Wildfire Prompts CAISO’s 1st Transmission Emergency of Summer
CAISO declared its first transmission emergency of the summer as a fast-spreading Northern California fire forced PG&E to de-energize transmission lines near one of the state’s key hydroelectric facilities.
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Portland General Electric Formalizes EDAM Commitment
Portland General Electric became the second entity in the Western U.S. after PacifiCorp to sign an implementation agreement for the Extended Day-Ahead Market.
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Busy Summer Ahead for Pathways Initiative
Participants in the West-Wide Governance Pathways Initiative face a busy meeting schedule this summer as the group’s leaders look to advance on parallel fronts to develop a Western “regional organization.”

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