Four Western utility executives participating in an Energy Bar Association webinar presented their reasoning for why they ultimately chose either SPP’s Markets+ or CAISO’s EDAM, with some eyeing the creation of a full regional transmission organization in the future.
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’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.
After months of negotiations, the author of the California legislation needed to transform CAISO’s market into an independent regional energy market for the West is confident the state legislature will have a bill to vote on before the session wraps up
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
CAISO staff showed how the grid operator plans to implement certain parts of its Extended Day-Ahead Market, with stakeholders asking for more time to comment on what they said crossed into potential policy revisions.
The proposed merger between Black Hills Corp. and NorthWestern Energy likely will reshape the map in the competition between CAISO’s Extended Day-Ahead Market and SPP’s Markets+ — but it’s still too early to know where new boundaries will be drawn.
The Oregon Department of Energy’s new draft energy strategy points to the importance of new transmission development and expanding electricity markets for meeting the state's energy goals.