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May 23, 2024

Powerex

CAISO
WEIM Q1 Benefits Report Adds to NW Cold Snap Debate
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
WECC
26 Western Entities Signal Continued Support for Markets+
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market. 
CAISO
WEIM Expert Calls for Fast-start Pricing to Address ‘Anomalies’

Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.

Powerex
Powerex Report Expands NW Cold Snap Debate

A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.

© RTO Insider LLC
CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
© RTO Insider LLC
FERC Approves CAISO Wheel-through Rule Changes

FERC approved a raft of CAISO tariff changes intended to ease temporary restrictions on wheeling power through the ISO’s grid under emergency conditions.

CAISO
WEIM Sees Record Q1 Benefits with Growth of Footprint
CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.
© RTO Insider LLC
Western Day-Ahead Markets Debated at CREPC-WIRAB
Panelists at the CREPC-WIRAB spring meeting argued over whether the West would benefit more from a day-ahead market run by CAISO or with another run by SPP.
© RTO Insider LLC
Western RA Program Secures First ‘Binding’ Phase Participants
Nearly a dozen utilities committed to joining the “binding” iteration of the Western Resource Adequacy Program, with more expected to sign on later this month.
© RTO Insider LLC
CAISO Stakeholders Weigh EDAM Proposal
CAISO stakeholders commented on elements of the revised straw proposal to add an extended day-ahead market to the Western Energy Imbalance Market.

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