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July 4, 2024

CAISO/WEIM

The California Independent System Operator serves about 80% of California's electricity demand, including the service areas of the state's three investor-owned utilities. It also operates the Western Energy Imbalance Market, an interstate real-time market covering territory that accounts for 80% of the load in the Western Interconnection.
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West Entered Pivotal Period for RTO Development in 2023

Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.

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CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
Westside Governance Pathways Initiative
Western RTO Initiative Outlines Governance Options
The group working to establish a single Western RTO heard summaries of five potential options for a new governing body that could be independent of CAISO.
PG&E
California PUC Votes to Extend Diablo Canyon Nuclear Plant 5 Years
The California PUC approved extending operations at the Diablo Canyon nuclear power plant through 2030.
CAISO
CAISO DMM: High Exports to Southwest Led to July EEAs
CAISO's Department of Market Monitoring explained that self-scheduled exports to support stressful conditions led to the declaration of emergency alerts in July.
CAISO
CAISO Discusses Year-ahead Requirements for RA Program

CAISO staff and stakeholders again dove into the details of the ISO’s resource adequacy construct, including potentially creating year-ahead requirements and refining the existing capacity procurement mechanism.

TransCanyon LLC
‘Missing Pathway’ Advancing Through Approval Steps in West

The proposed Cross-Tie transmission project is moving through the federal approval process with a targeted in-service date in 2027.

BC Hydro
Hydro Fuels Uptick in CAISO Exports, Market Monitor Reports
CAISO’s net energy exports have increased sharply this year, with imports being displaced by increased output from California’s hydroelectric and natural gas resources.
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Region Still Split as BPA Approaches Day-ahead Market Decision
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
Bureau of Land Management
BLM to Consider Changes to Western Transmission Corridors
The Bureau of Land Management is seeking public input on potential changes to about 673 miles of seven designated transmission corridors.

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