CAISO issued a draft final proposal for its summer readiness market enhancements initiative just three weeks after presenting a straw proposal.

Utilities are hoping their participation in SPP's WEIS market will be the "first step" to full RTO membership.

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.

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.

The Western EIM Governing Body discussed CAISO’s summer energy shortfalls, pondering how the EIM could better serve participants during system stress.

BPA acting administrator and CEO John Hairston will officially assume the top job at the federal power marketing agency, the DOE said.

CAISO’s top priority in 2021 will be making sure there is enough generating capacity for summer after last year’s shortfalls.

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.

The creation of a Western RTO could save the region more than $1.2 billion annually in electric costs, according to a new study.

SPP staff are preparing to address critical comments on the grid operator’s revised WEIS Tariff as they work to keep the project on track.