assistance energy transfer (AET)
FERC granted CAISO's request to remove the sunset date on the Western Energy Imbalance Market Assistance Energy Transfer feature, which has been used by more than 10 of the market’s balancing area authorities in recent years.
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
CAISO's Department of Market Monitoring reported that the ISO saw “one of the highest demand peaks” in recent years in 2024.
The Western Interconnection reached a record-breaking peak load July 10 despite relatively moderate demand in CAISO, the ISO said during a meeting of its Market Performance and Planning Forum.
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