Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.

Deep decarbonization of the New England grid will pose major challenges related to resource adequacy and market administration, ISO-NE concluded in the final report of its Economic Planning for the Clean Energy Transition study.

The Western Area Power Administration said its Sierra Nevada region will pursue “final negotiations” to join CAISO’s Extended Day-Ahead Market, notching another — if expected — victory for the ISO in its competition with SPP’s Markets+.  

A representative of one of the staunchest opponents of past efforts to transform CAISO into an RTO said his labor union plans to sponsor the legislation needed to implement the “Step 2” proposal of the West-Wide Governance Pathways Initiative.

NV Energy’s decision to join CAISO's Extended Day-Ahead Market rather than SPP's Markets+ was based partly on concerns that participation in the latter would “lead to substantial expenditures with limited results,” a representative of the Nevada utility said.

MISO and the Tennessee Valley Authority hope to implement an emergency energy purchase framework by Christmas Eve.

The Inflation Reduction Act and other policies have made the U.S. into one of the most attractive places to invest in clean energy, but completing the energy transition will require additional advances, according to panelists at the Aurora Energy Transition Forum.

Key backers of the West-Wide Governance Pathways Initiative told state energy officials they’re confident California lawmakers next year will pass a bill needed to relax state oversight on CAISO’s markets and establish the "RO" envisioned by the initiative.

Utilities should put customer benefits first when deciding on which Western day-ahead electricity market to join, New Mexico Commissioner Gabriel Aguilera said.