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July 8, 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.
U.S. Drought Monitor
NW Hydro Outlook Improves as Drought Retreats — in Some Areas
The Northwest stands out as an exception to the increasingly dire water situation gripping the wider West, boding well for its summer hydropower potential.
Sierra Club
PUC OKs NV Energy Battery Project on Old Coal Plant Site
Nevada regulators approved a permit for NV Energy to build a 220-MW battery storage system at the former site of the Reid Gardner coal-fired plant.
© RTO Insider LLC
CAISO Tackles EDAM Design in Stakeholder Meeting
A two-day CAISO stakeholder meeting on the proposed day-ahead extension of the Western EIM focused on resource sufficiency and transmission.
BPA
BPA Weathers Early Disruptions in Western EIM
The Bonneville Power Administration experienced two major “price excursion” events in the Western EIM within two weeks of joining the market.
© RTO Insider LLC
Climate Change Impacting Northwest Streamflows, Hydro Planning
Climate change will have a mixed impact on hydropower in the Pacific Northwest, with wetter winters and springs and drier summers, BPA says.
Principle Power
California Energy Commission Postpones Vote on Offshore Wind Goals
The California Energy Commission said it will take more time to consider offshore wind targets that stakeholders said were too low based on potential capacity.
Principle Power
BOEM Issues Proposed Sale Notice for California Offshore Wind Areas
BOEM issued a proposed sale notice for five lease areas off the California coast, setting the stage for the first West Coast wind auction later this year.
Sierra Club
Solar Supply Chain Issues Dog PNM Coal Plant Replacement Plan
PNM exhausted every alternative before postponing the retirement of the coal-fired San Juan plant until the end of this summer, a utility executive said.
Washington State Department of Transportation
Heat, Fire and Supply Chain Woes Threaten California Reliability
Extreme weather, wildfires and supply-chain problems could make CAISO’s grid vulnerable to shortfalls of up to 10 GW through 2025, experts said.
brewbooks, CC BY-SA 2.0, via Wikimedia Commons
FERC Approves CAISO Intertie Penalty Price Revisions
FERC approved tariff revisions to correct a defect in how CAISO sets penalty prices for the relaxation of intertie transmission constraints.

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