West-Wide Governance Pathway Initiative
The senators representing Oregon and Washington urged the agency to delay its decision to join a Western day-ahead electricity market until developments play out further around SPP’s Markets+ and CAISO’s EDAM.
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
The Bonneville Power Administration is ramping up its engagement with the West-Wide Governance Pathways Initiative, an executive with the federal power agency said.
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
Participants in the West-Wide Governance Pathways Initiative face a busy meeting schedule this summer as the group’s leaders look to advance on parallel fronts to develop a Western “regional organization.”
CAISO kicked off the West-Wide Governance Pathways Initiative stakeholder process required to shift the ISO’s governance structure to an independent entity within the Extended Day-Ahead Market.
Backers of the West-Wide Governance Pathways Initiative will move quickly on a proposal to alter the governance of CAISO’s Western EIM and EDAM after voting to approve the plan.
NV Energy intends to join CAISO’s Extended Day-Ahead Market, an official with the utility said, notching a major win for the ISO in its competition with SPP’s Markets+ day-ahead offering in the West.
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
An NV Energy executive provided the strongest public indication yet as to why the utility is poised to choose the ISO's Extended Day-Ahead Market over SPP’s Markets+.
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