PacifiCorp asked the WPP’s Board of Directors to allow WRAP participants to defer their decision to commit to the program’s binding phase by at least one year.

The Western Power Pool’s WRAP secured enough participants for the program to enter the first binding phase after 11 utilities reaffirmed their commitment.

The West-Wide Governance Pathways Initiative soon will begin the nomination process to select the initial board of the independent regional organization that will govern CAISO’s energy markets.

A wide variety of stakeholders — including representatives of the DER sector — will serve as advisers to the Pathways Initiative as it enters its next phases.

With California passing the bill designed to transition the governance of CAISO’s markets to an independent regional organization, new challenges await the West-Wide Governance Pathways Initiative as the coalition seeks to turn a once-elusive goal into reality.

California lawmakers have passed a landmark bill that will allow CAISO to transition the governance of its markets to the independent “regional organization” envisioned by the West-Wide Governance Pathways Initiative.

Western Energy Imbalance Market prices increased sharply in the second quarter of 2025 compared with the same period in 2024, mostly due to higher natural gas prices at Western hubs.

Six Western U.S. senators came out in support of the California legislation needed to transform CAISO’s market into an independent regional energy market, saying in a letter to Gov. Gavin Newsom the bill promises "improved grid reliability and significant energy cost savings.”

Washington’s Ecology Department clarified that cap-and-invest rules that apply to CAISO’s Western Energy Imbalance Market also will cover the ISO’s Extended Day-Ahead Market when it begins operations in 2026.