Portland General Electric (PGE)
Portland General Electric pre-emptively cut power to about 5,000 customers in the first public safety power shutoffs to affect Oregon.
Oregon regulators are grappling with how to modernize the state’s direct access program to accommodate a rapidly changing energy landscape.
PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.
FERC accepted settlements for violations of NERC reliability standards, with AEP, DTE, Eversource, PGE and Exelon among those hit with monetary penalties.
CAISO’s Western EIM delivered more than $60 million in benefits to its participants in the fourth quarter of 2019, bringing the total to $862 million.
FERC ruled six utilities have partially complied with Order 845, an initiative to increase the transparency and speed of the interconnection process.
CAISO secured the largest chunk of the EIM’s $86 million in gross benefits during the second quarter as the solar-heavy ISO exported 2.16 million MWh.
Pacific Northwest members reaped an unusually large chunk of the Western EIM's benefits in the first quarter, leaning on it to keep up with demand.
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.
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