EDAM
JIRSA Hedrick
The Colorado PUC issued a split decision approving Public Service Company of Colorado’s application to join SPP’s Markets+, finding that market participation is in the public interest and will “provide a number of benefits.”
Moonwater Capital
NV Energy notified the Public Utilities Commission of Nevada that it plans to leave the Western Power Pool’s Western Resource Adequacy Program, citing five critical issues with the program’s design.
CAISO
A wide variety of stakeholders — including representatives of the DER sector — will serve as advisers to the Pathways Initiative as it enters its next phases.
Western Energy
With California passing the bill designed to transition the governance of CAISO’s markets to an independent regional organization, new challenges await the West-Wide Governance Pathways Initiative as the coalition seeks to turn a once-elusive goal into reality.
CAISO
After years in the making, CAISO released a price formation proposal intended to reduce “unnecessary” market power mitigation, strengthen reliability and provide consistent pricing incentives in the WEIM and future EDAM.
Office of Sen. Jeff Merkley
Six Western U.S. senators came out in support of the California legislation needed to transform CAISO’s market into an independent regional energy market, saying in a letter to Gov. Gavin Newsom the bill promises "improved grid reliability and significant energy cost savings.”
PG&E
Four Western utility executives participating in an Energy Bar Association webinar presented their reasoning for why they ultimately chose either SPP’s Markets+ or CAISO’s EDAM, with some eyeing the creation of a full regional transmission organization in the future.
© RTO Insider LLC
The West-Wide Governance Pathways Initiative is preparing to file the incorporation documents for the independent RO that will govern CAISO’s energy markets, while funding challenges remain.
Shutterstock
CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
Office of Gov. Gavin Newsom
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
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