The results from a WMEG study indicate that many entities outside California would see more benefits from a two-market outcome while the Golden State has the most to lose from such a split.
State regulators have launched a process to develop “guiding principles” regarding participation in a regional day-ahead market or RTO.
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
Members of the California Assembly Utilities & Energy passed a bill to give CAISO independent governance but uniformly expressed their dislike of it as written.
SPP Markets+ stakeholders kicked off the development phase of a proposed “RTO-light” service in the West, heating up the race with CAISO.
FERC commissioners weighed the pros and cons of Western regionalization, which one commissioner likened to dating, at the CREPC-WIRAB spring meeting in Nevada.
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.
Gov. Joe Lombardo announced an executive order outlining energy policies for his administration, including the state’s “advancement of energy independence.”
SPP has rolled out the governance structure that will oversee the first developmental phase of Markets+, its day-ahead and real-time market in the West.
A key California lawmaker introduced a bill to allow CAISO to become a Western RTO by expanding its governance to include representatives from other states.
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