Western Energy Imbalance Market (WEIM)
New Mexico regulators gave PNM permission to join the Western Energy Imbalance Market (EIM), clearing the way for participation in April 2021.
The Bonneville Power Administration continued its series of discussions with stakeholders about joining CAISO’s Western Energy Imbalance Market.
CAISO’s 2019 revenue requirement will be less than this year’s, despite hiring and costs associated with its planned new role as reliability coordinator for most of the West.
California legislators will struggle with wildfire liability, while lawmakers in Washington and Nevada could debate clean energy.
NRG Energy earned of $306 million last quarter, up 65% from the same period a year ago on strong returns for the company’s generation business.
NorthWestern Energy said that it will join the Western Energy Imbalance Market in spring 2021, making it the 14th utility to announce plans to sign on.
FERC approved CAISO’s proposal to limit the megawatt quantity of the bid adder for the Western Energy Imbalance Market.
CAISO said Monday its Western Energy Imbalance Market has produced more than a half-billion dollars in benefits for participants since its founding five years ago, including more than $100 million in benefits in the third quarter of 2018.
The formation of a Western energy market was a contentious topics of discussion at the fall joint meeting of CREPC and WIRAB.
Public Service Company of New Mexico (PNM) has applied to join the Energy Imbalance Market by 2021, the EIM Governing Body learned.
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