November 24, 2024

Portland General Electric (PGE)

Powerex
Powerex to Cancel Rights on PacifiCorp Tx System over EDAM Changes
Powerex intends to terminate a large portion of its rights on PacifiCorp’s transmission system in response to the utility’s plans to update its transmission tariff to align with CAISO’s EDAM.
E3
BPA Sticks to Markets+ Leaning Despite Study Showing EDAM Benefits

New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.

The Brattle Group
Brattle Study Finds EDAM Gains, Markets+ Losses for BPA, Pacific NW
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
© RTO Insider LLC
Regulators Who Launched Pathways Praise Western ‘RO’ Plan
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
© RTO Insider LLC 
FERC Grants PGE Extra Time to Prepare for EDAM
FERC granted CAISO a waiver allowing PGE to join the ISO’s Extended Day-Ahead Market a few months beyond the timeline set out in the market’s standard participation agreement.
West-Wide Governance Pathways Initiative
Pathways Initiative Releases ‘Step 2’ Proposal for Western ‘RO’
Pathways released its Step 2 draft proposal for dividing up functions between CAISO and the new “regional organization” that initiative backers are seeking to create to oversee the ISO’s Western real-time and day-ahead markets.
The Brattle Group
Updated EDAM Study Shows Doubling of PacifiCorp Benefits
PacifiCorp is poised to realize up to $359 million a year in net benefits from participating in CAISO’s EDAM, nearly double a previous estimate, according to a newly updated study by The Brattle Group.
CAISO
CAISO, Stakeholders Consider GHG Attribution for Non-priced States
CAISO is recommending it implement a Western Power Trading Forum proposal that could help the EDAM track and account for GHG emissions in a way that considers the variety of carbon pricing programs across the West.
West-Wide Governance Pathways Initiative
Comments on Western RO Stakeholder Plan Show Complexity of Effort
Stakeholder comments filed with the West-Wide Governance Pathways Initiative illustrate the complexity of building the new kind of Western regional organization envisioned by backers of the effort.
Bonneville Power Administration
BPA to Delay Day-ahead Market Decision, Sources Say

The Bonneville Power Administration will delay its Western day-ahead market choice beyond a scheduled Aug. 29 announcement date and likely will extend the decision-making process into 2025, according to multiple sources.


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