Western Energy Markets Governing Body

CAISO
WEIM Prices Rise on Higher Gas Costs in Q2 2025
Western Energy Imbalance Market prices increased sharply in the second quarter of 2025 compared with the same period in 2024, mostly due to higher natural gas prices at Western hubs.
PacifiCorp
CAISO Approves New EDAM Congestion Revenue Allocation Design
CAISO's Board of Governors and the Western Energy Markets Governing Body approved a new method for allocating certain congestion revenues in the ISO's Extended Day-Ahead Market, set to launch in 2026
Seattle City Light
Former Seattle City Light CEO Nominated for WEM Governing Body

Former Seattle City Light CEO Debra Smith has been nominated to join the Western Energy Markets (WEM) Governing Body, with a three-year term to begin July 1. 

CAISO
Urgent EDAM Congestion Revenue Issue ‘Will Take Time’ to Address
The complex issue regarding congestion revenue allocation in CAISO’s Extended Day-Ahead Market continues to raise questions and cause some confusion for market participants.
© RTO Insider
WEIM Experience, Reliability Benefit Drove EDAM Decision, BANC Says
For the Balancing Authority of Northern California, a positive experience with CAISO’s Western Energy Imbalance Market was a key factor in the decision to also join the ISO’s Extended Day-Ahead Market.
NOAA
CAISO Leaders Look Ahead to 2025 with Confidence
CAISO, California and other parts of the West head into 2025 with a heavy load of priorities: implementing EDAM, developing the infrastructure needed to meet ambitious climate goals, and moving forward with new and continuing initiatives to address some of the ISO’s biggest challenges.
© RTO Insider LLC
Proposal to Refine Bid Cost Recovery for Storage Passes Unanimously

CAISO’s Board of Governors and the Western Energy Markets Governing Body voted unanimously to pass a proposal that will modify the calculation used to determine bid cost recovery payments for storage resources.

NW Energy Coalition
CAISO, WEM Boards Approve Pathways ‘Step 1’ Tariff Amendments

CAISO’s Board of Governors and WEM Governing Body approved ISO tariff amendments needed to implement the West-Wide Governance Pathways Initiative’s “Step 1” proposal.

NOAA
Batteries, Energy Transfers Support ‘Uneventful’ Summer in West
The growth of battery storage resources in the West largely contributed to an "uneventful" summer on the grid, despite record-breaking peak loads and temperatures.
Shutterstock
CAISO Passes Initiatives to Address Meter Data Reporting, Expand Trading
The CAISO Board of Governors and Western Energy Markets Governing Body passed two proposals that address different issues within Western markets.

Want more? Advanced Search