Backers of an initiative to create an independent Western RTO that builds on CAISO’s markets have floated a plan to untangle the snag that’s hung up past efforts to “regionalize” the ISO: a lack of independent governance.
Stakeholders are still seeking clarity on details in CAISO’s plan to streamline its interconnection process after the ISO released its final proposal to address the issue after 10 intensive months.
A key factor in the CAISO EDAM advantage is the benefits the utility would lose by leaving the Western Energy Imbalance Market, a Brattle Group consultant said.
The Bonneville Power Administration released a much anticipated staff report that tentatively recommends the agency choose SPP’s Markets+ over CAISO’s Extended Day-Ahead Market.
CAISO released a draft transmission plan identifying 26 new transmission projects aimed at accelerating California’s ability to meet its ambitious clean energy goals and costing an estimated $6.1 billion.
FERC approved CAISO’s request to forgo this year’s process for taking interconnection applications, giving the ISO more time to study last year’s record-breaking number of requests.
SPP filed its Markets+ tariff at FERC, the culmination of more than a year-long collaborative effort with potential participants and stakeholders to draft rules and protocols for the grid operator’s day-ahead market offering.
FERC granted complaints by five utilities against CAISO, nullifying nearly $2 million in penalties for incorrect meter data reporting.
Despite record winter precipitation in California, hydroelectric generation in the Western U.S. fell to a 22-year low in the 2022/23 water year, largely due to drought conditions in Washington and Oregon.
SPP’s Board of Directors and its members have approved the initial tariff for its Markets+ service offering in the Western Interconnection, clearing the way for its filing at FERC.