California Independent System Operator (CAISO)
The West-Wide Governance Pathways Initiative is advancing on its $570,000 funding target. And its members also are wading deeper into one of the key subjects it was conceived to address: CAISO's governance.
CAISO notched another victory in the competition to bring organized markets to the West when the Los Angeles Department of Water and Power’s oversight board authorized the utility to prepare to join EDAM.
CAISO released its final draft proposal out of its Interconnection Process Enhancements, its initiative to address the “unprecedented and unsustainable interconnection request volumes” submitted in the current and prior study windows.
Imports from the Southwest and Rockies helped the Northwest survive January’s cold, showing the region’s reliability is at a “tipping point,” WPP said.
CAISO wants to stop taking new interconnection applications this year as it works through the “unprecedented volume” of requests submitted for the previous study period.
CAISO’s WEIM last year hit $5.05 billion in benefits for its members since its inception in 2014, continuing the positive trend of growth tied to an expanding Western footprint.
The Bonneville Power Administration plans to issue a draft decision on its day-ahead market participation in August, followed by a final decision in November.
The study finds dividing CAISO’s EDAM from SPP’s Markets+ would create seams that pose a different set of problems than challenges seen at the boundaries of full RTOs in other parts of the U.S.
FERC released the latest iteration of its Common Metrics Report on ISO/RTO markets, which evaluates their performance and benefits.
Stakeholders have discussed the likelihood that there may be two day-ahead markets in the West, CAISO’s Extended Day-ahead Market and SPP’s Markets+ and/or RTO West.
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