balancing authority area (BAA)
The complex issue regarding congestion revenue allocation in CAISO’s Extended Day-Ahead Market continues to raise questions and cause some confusion for market participants.
The Western Area Power Administration said its Sierra Nevada region will pursue “final negotiations” to join CAISO’s Extended Day-Ahead Market, notching another — if expected — victory for the ISO in its competition with SPP’s Markets+.
FERC asked for more information on the Western Resource Adequacy Program, including how it would accommodate participants without market-based rate authority.
The WEIM approved participation by utilities within an entity's balancing authority area — a move intended to convince Xcel Energy Colorado to join the market.
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