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December 5, 2025

Balancing Authority of Northern California (BANC)

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FERC OKs Extension of WEIM Assistance Energy Transfer Feature
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.
Brattle Group
Brattle Study Finds Similar PRMs Under Alternative Western RA Footprint
A new Brattle Group study examined the impact on planning reserve margins of an alternative Western resource adequacy program that includes expected participants in CAISO’s Extended Day-Ahead Market.
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Pathways Initiative Unveils RO Proposed Name, Bylaws
The West-Wide Governance Pathways Initiative is preparing to file the incorporation documents for the independent RO that will govern CAISO’s energy markets, while funding challenges remain.
CAISO
WEIM Q2 Benefits Exceed $420M, as Total Tops $7.4B
CAISO’s Western Energy Imbalance Market provided participants with $422.44 million in economic benefits during the second quarter of 2025, up 15% compared with the same period year earlier despite no change in membership. 
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Pathways Initiative Seeks $7.1M to Fund RO

The West-Wide Governance Pathways Initiative’s Launch Committee estimates it will cost about $7.1 million to launch the independent regional organization that eventually will oversee energy markets in the West.

Balise42, CC BY-SA-4.0, via Wikimedia Commons
Pathways Inches Closer to Seating RO Board
The West-Wide Governance Pathways Initiative’s Launch Committee said it hopes to seat a permanent board by either next year or 2027 for the regional organization that will govern energy markets in the West.
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WEIM Experience, Reliability Benefit Drove EDAM Decision, BANC Says
For the Balancing Authority of Northern California, a positive experience with CAISO’s Western Energy Imbalance Market was a key factor in the decision to also join the ISO’s Extended Day-Ahead Market.
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CAISO EDAM Pioneers Share Implementation Details
With go-live dates for its first two participants looming in May and October of next year, implementation activities for CAISO’s EDAM are ramping up.
The Brattle Group
Brattle Study Shows Big Benefits for California in ‘Expanded’ EDAM
California ratepayers would save millions more in a CAISO Extended Day-Ahead Market encompassing nearly all the West than in one that includes only those utilities likely to join the market, according to a new Brattle Group study.
NOAA
CAISO Leaders Look Ahead to 2025 with Confidence
CAISO, California and other parts of the West head into 2025 with a heavy load of priorities: implementing EDAM, developing the infrastructure needed to meet ambitious climate goals, and moving forward with new and continuing initiatives to address some of the ISO’s biggest challenges.

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