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November 24, 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.
CAISO
‘Operational Surprises’ Contributed to CAISO July 2023 Emergencies
CAISO’s own systems may have contributed to a set of “operational surprises” that forced it to declare a series of energy emergency alerts in July 2023, a member of the ISO’s Market Surveillance Committee said.
CAISO
WEIM Yields $365M in Q2 Benefits with Hot Start to Summer
CAISO’s Western Energy Imbalance Market provided its 22 participants with $365.04 million in economic benefits from April to June down 4% from the same period a year ago.
LS Power
FERC Grants PG&E Incentives for 4 Transmission Projects
FERC approved two incentives Pacific Gas and Electric requested to support work it will undertake with LS Power for four transmission projects included in CAISO’s 2021/22 transmission plan.
ISO-NE
FERC Accepts All 6 ISO/RTO Order 895 Compliance Filings
FERC approved all the jurisdictional ISO/RTO compliance filings with Order 895, which established rules for sharing credit information among the organized markets.
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New Western ‘Regional Organization’ Could be Folsom-based
The new "RO" envisioned by the West-Wide Governance Pathways Initiative might be based near CAISO’s headquarters in Folsom, Calif., according to a straw proposal.
CAISO
CAISO Advances Pathways Initiative ‘Step 1’ Proposal to Board Vote
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
CAISO
CAISO Kicks off Storage Bid Cost Recovery Stakeholder Initiative

Batteries may be receiving excessive or inefficient bid cost recovery payments in CAISO, an issue that could be exacerbated by the ISO’s recent move to increase its soft offer cap to allow for higher bids by storage resources.

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BPA Stepping up Participation in Pathways Initiative
The Bonneville Power Administration is ramping up its engagement with the West-Wide Governance Pathways Initiative, an executive with the federal power agency said.
CAISO
WEIM Governing Body Officially Changes Name
The WEIM Governing Body voted to change its name to the “Western Energy Markets” Governing Body to better reflect its full scope of responsibility since it began overseeing CAISO’s EDAM.
© RTO Insider LLC
Pathways Participants See ‘Pivotal’ Chance to Build New Kind of RTO
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.

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