Portland General Electric (PGE)
PacifiCorp is preparing to bring online enough long-term clean energy resources to help the utility meet Washington's strict greenhouse gas targets by 2030.
One of the first items the yet-to-be-seated board of the Regional Organization for Western Energy could decide on is whether to administer a resource adequacy program, as backers seek to have a proposal in place later in 2026.
Participants in CAISO’s Extended Day-Ahead Market likely would remain subject to the market’s daily resource sufficiency evaluation even if they joined a new resource adequacy program that’s being crafted.
The push to develop a resource adequacy program serving non-CAISO members of the ISO’s Extended Day-Ahead Market appears to be gathering momentum, with backers saying they aim to produce a draft design for the program in April.
It’s an “all-hands-on-deck” moment for CAISO to open its extended day-ahead market in less than two months, CAISO’s CEO Elliot Mainzer said at a Western Energy Market Board of Governors meeting.
Portland General Electric has agreed to buy most of PacifiCorp’s Washington utility operations for $1.9 billion.
CAISO’s Western Energy Imbalance Market surpassed $8 billion in cumulative economic benefits since its 2014 launch after providing participants with $415.65 million in gross benefits in the fourth quarter of 2025, according to an ISO report.
CAISO leaders staged a virtual “town hall” to stress the importance of a smooth rollout to the ISO’s Extended Day-Ahead Market in May and promise to address market seams issues.
The West-Wide Governance Pathways Initiative’s Launch Committee asked CAISO to initiate a stakeholder process to create a funding mechanism for the newly incorporated organization that is slated to assume governance over the ISO’s energy markets.
The Oregon Public Utility Commission questioned Portland General Electric’s proposals concerning grid infrastructure cost allocation for data centers, voicing concern that the utility risked prioritizing data centers over other customers.
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