December 23, 2024

Western Energy Imbalance Market (WEIM)

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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In Contest for the West, Markets+ Gathers Momentum — and Skeptics
While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
WEIM
WEIM Tops $4B in Benefits Months After Hitting $3B
The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.
WECC
Proposed New Western RTO Discussed at CREPC
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
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WEIM Withdraws Change to Base Schedule Deadline

CAISO’s Western Energy Imbalance Market took the unusual step of rescinding a rule change that it never actually implemented.

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Regulators Propose New Independent Western RTO
The competition for organized markets in the West grew Friday as the Bonneville Power Administration launched a process to choose between day-ahead markets proposed by CAISO and SPP and regulators from five Western states urged the establishment of a new, independent RTO covering the entire West.
CAISO
Western EIM Governing Body Gets New Member, Chair
The Western Energy Imbalance Market Governing Body appointed new member Rebecca Wagner and elected a new chair and vice chair from among its members.
CAISO
WEIM Sees Record Q1 Benefits with Growth of Footprint
CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.
CAISO
WEIM Wins FERC OK for Resource Sufficiency Changes
FERC approved changes to WEIM's resource sufficiency evaluation, including allowing transfers to members that fail to meet their RSE obligations.
CAISO
CAISO, WEIM Approve Day-ahead Market Enhancements
Changes meant to improve the performance of CAISO’s day-ahead market and the planned day-ahead expansion of its Western Energy Imbalance Market won board approval.

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