December 25, 2024

Western Energy Imbalance Market (WEIM)

Bill Would Track Nevada Renewable Trade Flows
A Nevada bill intends to increase transparency around how much renewable energy the state is producing and how much of it is sold to other states.
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CAISO Speeds Rule Changes to Avoid Shortfalls
CAISO issued a draft final proposal for its summer readiness market enhancements initiative just three weeks after presenting a straw proposal.
WEIS Market ‘First Step’ to Full RTO Membership
Utilities are hoping their participation in SPP's WEIS market will be the "first step" to full RTO membership.
Texas Utility Plans to Join CAISO EIM
El Paso Electric, a utility that serves more than 400,000 customers in Texas and New Mexico, plans to join CAISO’s Western Energy Imbalance Market in 2023.
CAISO Advances Summer Readiness Plan
CAISO introduced a straw proposal that aims to attract supply this summer and head off shortfalls like those that led to rolling blackouts last year.
Western EIM Questions Performance in Shortfalls
The Western EIM Governing Body discussed CAISO’s summer energy shortfalls, pondering how the EIM could better serve participants during system stress.
Hairston Appointed BPA Administrator
BPA acting administrator and CEO John Hairston will officially assume the top job at the federal power marketing agency, the DOE said.
CAISO to Focus on Resource Adequacy in 2021
CAISO’s top priority in 2021 will be making sure there is enough generating capacity for summer after last year’s shortfalls.
CAISO
Heat Waves Spur Record EIM Benefits
Benefits for participants in CAISO’s EIM surged past $119 million in the third quarter, a record amount driven by heat waves in Aug. and Sept.
Study: Western RTO Could Yield $1.2B in Yearly Savings
The creation of a Western RTO could save the region more than $1.2 billion annually in electric costs, according to a new study.

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