CAISO/WEIM

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By Jason Fordney Sacramento, Calif. — California is offering $45 million in grants for the development of microgrids on a variety of siting categories to stimulate development of new distributed energy resources. California Energy Commission staff on Thursday gave curious developers both broad guidance and more practical advice regarding the...

By Jason Fordney CAISO’s proposal to provide transmission revenue to balancing authority areas (BAAs) that wheel power between other BAAs received a wary response from Western Energy Imbalance Market (EIM) stakeholders last week. Currently BAAs that wheel power are only paid if the system is congested. The compensation change is...

By Jason Fordney CAISO’s Department of Market Monitoring criticized a recently proposed set of market rule changes as incomplete, urging a slower approach. CAISO DMM Director Eric Hildebrandt | © RTO Insider The department and other market participants recently submitted comments on CAISO’s straw proposal for its Commitment Cost and...

By Rich Heidorn Jr. Calpine announced Friday it has agreed to be acquired by Energy Capital Partners and other investors for $5.6 billion in cash, or $15.25/share, a 51% premium to Calpine’s share price when news of a potential deal became public in May, and a 13% bump from Thursday’s...

By Jason Fordney CAISO on Tuesday unveiled its latest revisions to a program meant to compensate uneconomic generation units needed to maintain reliability. After consulting with stakeholders since June, CAISO unveiled 20 changes to the Capacity Procurement Model Risk-of-Retirement Initiative (CPM ROR). The ISO is taking comments through Aug. 28...

By Jason Fordney Frequent rule changes and an uncertain market structure are causing dissatisfaction among CAISO demand response providers and eroding participation in the programs, those providers say. Problems with data verification and settlement required the ISO to recalculate its 2016 DR results, and providers say there are other issues...

By Jason Fordney CAISO said it will kick off an initiative to refine its generation interconnection process later this year as part of an ongoing effort to accommodate renewables and keep its rules updated. The grid operator is in the beginning stages of its Interconnection Process Enhancements 2018 program but...

By Jason Fordney FERC staff have accepted CAISO’s implementation agreement for Canadian energy marketer Powerex to join the Western Energy Imbalance Market (EIM) but cautioned that the arrangement could be subject to further scrutiny once the commission meets after restoring its quorum. “Preliminary analysis indicates that CAISO’s proposed implementation agreement...

By Jason Fordney SACRAMENTO, Calif. — While CAISO has in recent years made strides in incorporating demand response into its wholesale market, it was forced to recalculate its 2016 DR settlements because of missing performance data, the grid operator said Tuesday. ISO representatives, DR companies, utilities and others industry participants...

By Jason Fordney CAISO has dropped a proposal that would have allowed third-party transmission providers to participate in the Western Energy Imbalance Market (EIM) after getting negative feedback on the plan — but also said it might revisit the idea in the future. The grid operator proposed that transmission owners...