Western Energy Markets Governing Body
The Western Energy Markets Governing Body approved a set of revisions to CAISO's gas-fired energy generation resource management program after two years of work with stakeholders.
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.
CAISO's Board of Governors and the Western Energy Markets Governing Body approved a new method for allocating certain congestion revenues in the ISO's Extended Day-Ahead Market, set to launch in 2026
Former Seattle City Light CEO Debra Smith has been nominated to join the Western Energy Markets (WEM) Governing Body, with a three-year term to begin July 1.
The complex issue regarding congestion revenue allocation in CAISO’s Extended Day-Ahead Market continues to raise questions and cause some confusion for market participants.
For the Balancing Authority of Northern California, a positive experience with CAISO’s Western Energy Imbalance Market was a key factor in the decision to also join the ISO’s Extended Day-Ahead Market.
CAISO, California and other parts of the West head into 2025 with a heavy load of priorities: implementing EDAM, developing the infrastructure needed to meet ambitious climate goals, and moving forward with new and continuing initiatives to address some of the ISO’s biggest challenges.
CAISO’s Board of Governors and the Western Energy Markets Governing Body voted unanimously to pass a proposal that will modify the calculation used to determine bid cost recovery payments for storage resources.
CAISO’s Board of Governors and WEM Governing Body approved ISO tariff amendments needed to implement the West-Wide Governance Pathways Initiative’s “Step 1” proposal.
The growth of battery storage resources in the West largely contributed to an "uneventful" summer on the grid, despite record-breaking peak loads and temperatures.
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