CAISO said Monday its Western Energy Imbalance Market has produced more than a half-billion dollars in benefits for participants since its founding five years ago, including more than $100 million in benefits in the third quarter of 2018.

The Western Energy Imbalance Market saw financial benefits soar to a record $71.2 million in the second quarter, according to a CAISO report.

FERC granted PacifiCorp a stay on the commission’s order regarding an application to transfer the company’s license for its Klamath Hydroelectric Project.

CAISO and PacifiCorp reaped the majority of the Western Energy Imbalance Market’s $42.1 million in gross benefits during the first quarter (Q1 2018).

PacifiCorp selected bids from developers of four wind farms totaling 1,300 MW, advancing an effort that would expand the company’s wind portfolio by more than 60% if constructed.

Speakers at a CAISO Regional Issues Forum discussed their approach to effectively integrating hydropower, coal and jointly owned plants into the EIM.

ISO-NE has barred Invenergy’s planned Clear River Energy Center Unit 2 from offering into February’s capacity auction because of permitting delays.

PacifiCorp and NV Energy can sell power into the Western Energy Imbalance Market (EIM) at market-based rates, FERC has ruled.

Panelists at the Energy Bar Association’s Mid-Year Energy Forum heard two very different views of the health of wholesale markets.

PacifiCorp is seeking bids for up to 1,270 MW of wind power to integrate into its system by the end of 2020.