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.
CAISO’s Market Monitor is concerned about potential gaming practices and inefficient bidding behavior in the ISO’s bid cost recovery process for battery storage resources.
Trade organizations for utilities and large energy consumers seek to intervene in the lawsuit filed in the 9th Circuit Court of Appeals challenging the Bonneville Power Administration’s decision to join SPP’s Markets+ instead of CAISO’s EDAM.
California energy officials are recognizing the need to work together to prioritize a long list of transmission and distribution interconnection projects as the state’s load growth accelerates due to expected data center development.
An aggregation of more than 100,000 residential batteries provided an average 535 MW of support to California’s electricity grid during a test to prepare for the hot summer period ahead.
