FERC said it will give CAISO more time to address its concerns over intertie bidding at the borders of the Energy Imbalance Market (EIM).

FERC said that CAISO contracts for transferred frequency response service can include a provision recognizing counterparties.

Participants in the Energy Imbalance Market (EIM) should not rely on it to reduce their capacity requirements, CAISO cautioned.

Members of the Energy Imbalance Market (EIM) saw increased savings and profits with the addition of Puget Sound Energy and APS.

Arizona Public Service (APS) can continue to charge market-based rates in Tucson Electric Power’s balancing authority area, FERC ruled.

The FERC decision dealt with companies implicated in manipulating prices during the initial "Summer Period" of the Western Energy Crisis.

A new, “expedited” CAISO initiative seeks to establish a process for selecting and procuring black start resources.

FERC ruled that Shell and Hafslund can not use the costs associated with illegal trading activity during the Western Energy Crisis to offset their refund.

FERC approved CAISO's agreements to procure frequency response from the Bonneville Power Administration and Seattle City Light.

The Energy Imbalance Market (EIM) experienced a “dramatic uptick” in failed ramping capacity tests in November and December, the CAISO IMM reported.