CAISO’s Market Monitor cautioned that a new resource adequacy proposal could lead to strategic gaming in the ISO’s market when capacity supplies are tight on the grid.
The Bonneville Power Administration has entered a five-year power purchase agreement to buy wave energy from a test facility managed by Oregon State University, the agency said in an announcement.
CAISO is finalizing a set of changes to its resource adequacy program, with plans to vote on three proposals at an upcoming Board of Governors meeting,
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.
After years in the making, CAISO released a price formation proposal intended to reduce “unnecessary” market power mitigation, strengthen reliability and provide consistent pricing incentives in the WEIM and future EDAM.
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.
The California Public Utilities Commission approved guidelines for utilities to use to design dynamic electricity rates, with one commissioner asking for more research on whether implementing such rates will leave some customers further behind financially.
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
