Western Energy Imbalance Market (WEIM)
CAISO market participants have many opinions on how the ISO should prioritize the complex and urgent tasks on the ISO’s plate for 2018.
The Energy Imbalance Market (EIM) expanded its footprint and ambitions in 2017 while new suitors lined up to compete with CAISO as the vehicle for a Western RTO.
CAISO’s Board of Governors approved new generator contingency modeling, rules extending time for generator interconnections and EIM enhancements.
CAISO is floating a proposal that would extend many of the features of its day-ahead market into the footprint of the EIM.
PJM and reliability coordinator Peak Reliability announced Thursday they will explore the development of electric markets and other services in the West.
The EIM Governing Body approved a set of market initiatives that represents a narrowed-down version of a package CAISO had proposed.
Speakers at a CAISO Regional Issues Forum discussed their approach to effectively integrating hydropower, coal and jointly owned plants into the EIM.
FERC approved CAISO’s request to extend temporary market measures instituted last year in response to the closure of Aliso Canyon.
FERC upheld a previous ruling covering Order 1000 cost allocation in the WestConnect planning region, adding further explanation of its reasoning.
Increased labor costs from the expanding EIM helped push up CAISO’s 2018 revenue requirement by $1.9 million to $197.2 million.
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