January 22, 2025

Public Service Company of New Mexico (PNM)

CAISO
WEIM Q3 Prices Down Despite Increased Loads, CAISO DMM Finds
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
NOAA
CAISO Leaders Look Ahead to 2025 with Confidence
CAISO, California and other parts of the West head into 2025 with a heavy load of priorities: implementing EDAM, developing the infrastructure needed to meet ambitious climate goals, and moving forward with new and continuing initiatives to address some of the ISO’s biggest challenges.
PNM Resources
PNM Picks CAISO’s EDAM

The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.

Energy Strategies
FERC Reverses Decision on WestConnect Cost Allocation

Responding to an appellate court’s concerns about free ridership, FERC reversed a decision that allowed the WestConnect transmission planning region to include a category of participants not subject to binding cost allocation.

NOAA
Batteries, Energy Transfers Support ‘Uneventful’ Summer in West
The growth of battery storage resources in the West largely contributed to an "uneventful" summer on the grid, despite record-breaking peak loads and temperatures.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
© RTO Insider LLC
Western Officials Get Rundown on ‘Irritating, Inefficient’ Market Seams
Utility staff charged with managing real-time operations will be equipped to deal with the seams between two Western day-ahead markets, but the situation will be far from ideal, Western state energy officials heard at the CREPC-WIRAB spring conference.
West-Wide Governance Pathways Initiative
Pathways Initiative Discloses Funders, Reiterates Goals
The West-Wide Governance Pathways Initiative has secured commitments of financial support from 24 utilities and other electricity-sector organizations and expects that list to grow.
© RTO Insider LLC
WestTEC Transmission Effort Selects Stakeholder Committee

Western Power Pool has announced the 24 members of a stakeholder group that will participate in the West-wide transmission planning effort.

CAISO
NM Utilities to Pursue More Analysis Before Day-ahead Decision
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.

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