Heat waves and capacity shortfalls have slowed an effort by the Western EIM to expand from a real-time interstate trading forum to a day-ahead market.

PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.

CAISO named the head of BPA as its new chief Thursday, a move that could help further the expansion of the Western EIM and increase its regional influence.

FERC found Idaho Power had satisfied standards for market-based rate authority and terminated a proceeding it had ordered to find out if the utility was exercising market power in its BAA.

The proposed expansion of CAISO’s Western Energy Imbalance Market to a day-ahead market won’t be as voluntary as advertised, some stakeholders are arguing.

CAISO issued a proposal outlining the leading edge of its plan to bring day-ahead trading to the Western Energy Imbalance Market.

CAISO presented the Western Energy Imbalance Market’s Governing Body its plan for accommodating hybrid generation and storage resources.

FERC reaffirmed its rejection of a proposed net export limit to help the Western EIM avoid unintended consequences of market power mitigation.

Backers of manufactured methane say it could replace natural gas and help California meet its goal of 100% carbon neutrality by midcentury.

The pandemic has curtailed electricity demand and made it challenging for new entities to go live with the Western EIM, but recent activations went well.