Western Resource Adequacy Program (WRAP)
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A new Western Resource Adequacy Program task force has been charged with revising the WRAP tariff to clarify that participants can rely on a specific category of CAISO transmission service to count remote resources toward their “forward showing” requirements.
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A new task force will examine how the WPP’s WRAP can continue to operate efficiently under the new multimarket environment emerging in the West.
WPP
Even in its nonbinding phase, the Western Power Pool’s Western Resource Adequacy Program has been a valuable tool for working toward resource adequacy goals, program participants said.
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Regional initiatives aimed at increasing coordination and collaboration among power entities in the West are essential to tackle mounting technical and political challenges, panelists said during a discussion at the spring joint CREPC-WIRAB meeting.
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The Bonneville Power Administration kicked off the last public contract development workshop series under its "Provider of Choice" initiative, allowing stakeholders to provide input on the agency’s long-term power contracts that it will issue later this year.
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The Western Power Pool faced “real potential weaknesses” in 2024 due to staff shortages and outdated financial and accounting systems, the organization’s leadership said during their annual member meeting.
Western Power Pool
Members of a key WRAP stakeholder group voted to prioritize three topics of concern as the group continues developing the program aimed at addressing resource adequacy and reliability in the West.
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CAISO’s launch of the Extended Day-Ahead Market will not spell the end of a Western real-time-only offering from the ISO, according to CEO Elliot Mainzer.
Western Power Pool
The Western Power Pool’s Board of Directors has approved changes to the Western Resource Adequacy Program’s transition plan that include postponing the program’s “binding” phase by one year and reducing penalties for participants who come up short on RA.
Western Power Pool
The Western Resource Adequacy Program’s key stakeholder body approved a plan that would postpone the start of its penalty phase by one year, to summer 2027.
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