The formation of a Western energy market was a contentious topics of discussion at the fall joint meeting of CREPC and WIRAB.

Public Service Company of New Mexico (PNM) has applied to join the Energy Imbalance Market by 2021, the EIM Governing Body learned.

The Western Energy Imbalance Market saw financial benefits soar to a record $71.2 million in the second quarter, according to a CAISO report.

CAISO EIM officials approved a proposal to prevent market participants outside Ca. from skirting the state’s greenhouse gas (GHG) compliance obligations.

CAISO’s Board of Governors approved revisions to the ISO’s congestion revenue rights auction, and the EIM Governing Body approved Travis Kavulla as a member.

Powerex is navigating a turbulent relationship with EIM rules the company says undercut the value of its hydro power resources.

CAISO’s first-quarter (Q1) revenues were $1.2 million more than it had budgeted, primarily because of entrance fees it collected for the EIM.

CAISO and PacifiCorp reaped the majority of the Western Energy Imbalance Market’s $42.1 million in gross benefits during the first quarter (Q1 2018).

Western Energy Imbalance Market (EIM) leaders on Tuesday approved rule changes that would allow EIM balancing areas to manually adjust load forecasts during market operations to ensure the grid can support system conditions.

CAISO provided details on its plans for major changes to improve the alignment of its day-ahead market with real-time demand.