CAISO/WEIM
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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.
California lawmakers proposed a vague $21 billion climate and energy budget for FY 22-23 that would defer Gov. Gavin Newsom's specific plans, pending talks.
The Senate and Assembly passed bills to speed transmission development and lower costs as lawmakers tried to help the state meet its renewable power goals.
The Northwest stands out as an exception to the increasingly dire water situation gripping the wider West, boding well for its summer hydropower potential.
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.
A two-day CAISO stakeholder meeting on the proposed day-ahead extension of the Western EIM focused on resource sufficiency and transmission.
The Bonneville Power Administration experienced two major “price excursion” events in the Western EIM within two weeks of joining the market.
Climate change will have a mixed impact on hydropower in the Pacific Northwest, with wetter winters and springs and drier summers, BPA says.
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.
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.
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.
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