The stars may not yet have aligned for CAISO in the contest to bring an organized electricity market to the West, but key industry players appeared to be doing just that at an ISO event to celebrate the progress of its Extended Day-Ahead Market.

The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.

CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.

FERC approved the compliance filings of six transmission providers, including those of NYISO and CAISO, with Order 88.

SPP has executed funding agreements with eight Western Interconnection entities for the first phase of its Markets+ market, accelerating its development.

Energy leaders in Arizona and Nevada have partnered on a clean hydrogen hub proposal that supporters say has many of the right pieces to win federal funding.

FERC rejected a proposed settlement intended to resolve a longstanding dispute over how to implement Order 1000 in the WestConnect planning region.

FERC approved Arizona Public Service’s proposal to use the flowgate methodology to calculate available transfer capability (ATC) within its transmission system.

The Western Markets Exploratory Group made a rare public presentation at CREPC-WIRAB of its behind-the-scenes work evaluating market options for the West.

Arizona utility commissioners said they wanted to see more independent governance for CAISO before further committing to the WEIM.