The California Independent System Operator serves about 80% of California's electricity demand, including the service areas of the state's three investor-owned utilities. It also operates the Western Energy Imbalance Market, an interstate real-time market covering territory that accounts for 80% of the load in the Western Interconnection.
CAISO delayed its final decision on how to allocate congestion revenues in its Extended Day-Ahead Market after receiving comments from stakeholders asking for more analysis.
The California Public Utilities Commission has proposed a new framework that would take a “more programmatic approach” to load-serving entities’ resource procurement requirements compared with the agency’s recent practice of issuing procurement orders as needed.
CAISO selected Viridon, a power infrastructure development firm, to finance, build and operate new transmission lines and infrastructure in Humboldt County for planned offshore wind development.
FERC partially approved three entities' Order 2023 compliance filings, directing them to address mostly minor — but a few substantive — issues in their submissions.
BPA will not see further staffing cuts, CEO John Hairston said during the agency’s quarterly business review, adding that he hopes to strengthen the workforce when the government lifts federal hiring freezes.
Though BPA removed any uncertainty by selecting SPP’s Markets+ over CAISO’s EDAM, the debate over whether BPA made the right choice likely will heat up as the West confronts a split into two major markets.
California expects to meet its peak demand this summer under most weather conditions due to thousands of megawatts of new energy resources — almost all battery storage.
Construction began on the Utah terminal of the 732-mile TransWest Express transmission line, a project designed to carry Wyoming wind energy to the Southwest.
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
