Western Energy Imbalance Market (WEIM)
CAISO's outgoing and incoming CEOs answered stakeholder questions in a roundtable discussion hosted by the EIM’s Regional Issues Forum.
Heat waves and capacity shortfalls have slowed an effort by the Western EIM to expand from a real-time interstate trading forum to a day-ahead market.
EIM stakeholders broadly support a proposal that would expand the Governing Body’s approval authority and grant it a “more collaborative” relationship with CAISO’s board.
PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.
CAISO named the head of BPA as its new chief Thursday, a move that could help further the expansion of the Western EIM and increase its regional influence.
FERC found Idaho Power had satisfied standards for market-based rate authority and terminated a proceeding it had ordered to find out if the utility was exercising market power in its BAA.
The proposed expansion of CAISO’s Western Energy Imbalance Market to a day-ahead market won’t be as voluntary as advertised, some stakeholders are arguing.
CAISO issued a proposal outlining the leading edge of its plan to bring day-ahead trading to the Western Energy Imbalance Market.
CAISO presented the Western Energy Imbalance Market’s Governing Body its plan for accommodating hybrid generation and storage resources.
FERC reaffirmed its rejection of a proposed net export limit to help the Western EIM avoid unintended consequences of market power mitigation.
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