November 25, 2024

California Independent System Operator (CAISO)

California Senate
California Energy Officials Pitch Pathways Plan to State Senators
California energy agency heads appeared before state lawmakers to pitch the proposed CAISO governance changes being developed by the West-Wide Governance Pathways Initiative.
Eversource
Demand Growth and Extreme Weather: The Grid’s New Normal
CAISO CEO Elliot Mainzer, ERCOT CEO Pablo Vegas and MISO's Todd Hillman joined a USEA webinar to discuss grid reliability amid increases in extreme weather and load growth.
Bureau of Land Management California
CAISO Proposal Seeks to Refine Storage Bid Cost Recovery
A new CAISO proposal seeks to address unwarranted BCR payments to storage resources, an issue that has stirred controversy over the last month.
Sandia National Laboratories
FERC Approves CAISO Request to Lift Soft Offer Cap for Hydro, Storage
FERC accepted CAISO’s proposal to allow for storage resources to bid above the ISO’s $1,000/MWh soft offer cap in the real-time market to account for their intraday opportunity costs.
CAISO
WEIM Yields $365M in Q2 Benefits with Hot Start to Summer
CAISO’s Western Energy Imbalance Market provided its 22 participants with $365.04 million in economic benefits from April to June down 4% from the same period a year ago.
© RTO Insider LLC
New Western ‘Regional Organization’ Could be Folsom-based
The new "RO" envisioned by the West-Wide Governance Pathways Initiative might be based near CAISO’s headquarters in Folsom, Calif., according to a straw proposal.
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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