Western Energy Imbalance Market (WEIM)
California Assemblymember Chris Holden said he will hold a bill that could eventually turn CAISO into an RTO while he tries to overcome opposition.
Three new entities joined CAISO's Western Energy Imbalance Market, including El Paso Electric, which expanded the market into Texas for the first time.
The Energy Bar Association Western Chapter heard panelists and CAISO's CEO discuss rapidly evolving efforts to organize markets and an RA program in the West.
CAISO's Board of Governors and the Western Energy Imbalance Market Governing Body approved an extended day-ahead market for the WEIM, calling it a milestone.
The CAISO Board of Governors and Western Energy Imbalance Market Governing Body adopted resource sufficiency and storage changes to promote summer reliability.
The proposed governance structure for SPP's Markets+ service offering and resource adequacy are two key differences with CAISO's RTO proposal.
CAISO held its Stakeholder Symposium for the first time since 2018 and weighed the transmission needs of the West to deliver renewable resources.
CAISO's draft final proposal for a day-ahead expansion of its Western Energy Imbalance Market is up for review this month, with a final plan due in December.
CAISO's Western Energy Imbalance Market reached a record $526 million in benefits in Q3 and neared $3 billion in cumulative benefits since it started in 2014.
The WPP's future independent board will include the previous PJM CEO, a former member of WEIM's Governing Body and WPP’s present board chair, among others.
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