FERC approved an agreement between CAISO and the Salt River Project that establishes the rules governing the utility’s participation in the Western EIM.

The Western Energy Imbalance Market (EIM) Governing Body heard proposals regarding its existing real-time market and an expanded day-ahead market.

The Bonneville Power Administration continued its series of discussions with stakeholders about joining CAISO’s Western Energy Imbalance Market.

NorthWestern Energy said that it will join the Western Energy Imbalance Market in spring 2021, making it the 14th utility to announce plans to sign on.

CAISO said Monday its Western Energy Imbalance Market has produced more than a half-billion dollars in benefits for participants since its founding five years ago, including more than $100 million in benefits in the third quarter of 2018.

The Western Energy Imbalance Market saw financial benefits soar to a record $71.2 million in the second quarter, according to a CAISO report.

Idaho Power and Powerex began transacting in the EIM, bringing to eight the number of members participating in CAISO’s regional real-time market.

A coalition of the country’s largest utilities last week urged Congress to maintain an electric vehicle tax credit and remove the 200,000-vehicle cap.

The Energy Imbalance Market (EIM) expanded its footprint and ambitions in 2017 while new suitors lined up to compete with CAISO as the vehicle for a Western RTO.

Speakers at a CAISO Regional Issues Forum discussed their approach to effectively integrating hydropower, coal and jointly owned plants into the EIM.