Western Energy Imbalance Market (WEIM)
The Bonneville Power Administration said it would keep its power and transmission rates flat for the next two years, even as it pursues a $2 billion grid modernization effort.
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
CAISO’s Western Energy Imbalance Market took the unusual step of rescinding a rule change that it never actually implemented.
The competition for organized markets in the West grew Friday as the Bonneville Power Administration launched a process to choose between day-ahead markets proposed by CAISO and SPP and regulators from five Western states urged the establishment of a new, independent RTO covering the entire West.
The more than 5,000 MW of batteries connected to the CAISO grid are playing in increasing role in maintaining reliability, a report from the ISO's Market Monitor shows.
PacifiCorp will be able to meet Oregon’s ambitious greenhouse gas emissions reduction targets for electric utilities but “it will not be without challenges,” a company official said.
The Western Energy Imbalance Market Governing Body appointed new member Rebecca Wagner and elected a new chair and vice chair from among its members.
Legislators ended the session by passing bills related to IRPs for electric and gas utilities and a bill creating a zero-emission truck incentive program.
CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.
A bill to strengthen the IRP process for Nevada utilities and require them to increase their energy independence has emerged late in the legislature’s session.
Want more? Advanced Search