November 22, 2024

Western Energy Imbalance Market (WEIM)

CAISO
WEIM Ends 2023 Exceeding $5B in Benefits
CAISO’s WEIM last year hit $5.05 billion in benefits for its members since its inception in 2014, continuing the positive trend of growth tied to an expanding Western footprint.
CAISO
Western Transmission Initiatives Differ on Dealing with Cost Allocation

The backers of two separate initiatives to spur development of new transmission in the West are taking different approaches on when to deal with the issue of who should pay for projects.

© RTO Insider LLC
West Entered Pivotal Period for RTO Development in 2023

Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.

Westside Governance Pathways Initiative
Western RTO Initiative Outlines Governance Options
The group working to establish a single Western RTO heard summaries of five potential options for a new governing body that could be independent of CAISO.
CAISO
CAISO DMM: High Exports to Southwest Led to July EEAs
CAISO's Department of Market Monitoring explained that self-scheduled exports to support stressful conditions led to the declaration of emergency alerts in July.
EIA
EIA: Renewable Curtailments Rising Steadily in CAISO

CAISO’s curtailment of solar and wind power is on the rise, and about three-quarters of curtailments so far this year have been from transmission congestion.

CAISO
CAISO May Scrap Policy Catalog; Start from Scratch
CAISO is looking at scrapping a catalog of about 60 proposed policies, which include many stakeholder suggestions, saying the document has become “unwieldy” and it might be better to start over from scratch.
© RTO Insider LLC
NW Stakeholders Divided on BPA Timeline for Day-ahead Decision
Electricity sector stakeholders expressed divisions over BPA's plan to pursue an aggressive timeline for deciding whether to join CAISO’s EDAM or SPP’s Markets+.
CAISO
Idaho Power Seeks FERC Help with $700K WEIM Fine
Idaho Power asked FERC to overturn a $700,000 fine for what it called a minor metering mistake that had no real impact on the Western Energy Imbalance Market.
CAISO
CAISO Files EDAM Proposal with FERC
CAISO asked FERC to approve the rules for its EDAM and revisions to its existing day-ahead market, intended to more accurately forecast load.

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