The CREPC-WIRAB spring meeting focused on regional markets and transmission planning in the West, including FERC's recent transmission planning NOPR.
The second half of the third meeting of FERC and NARUC's Joint Task Force on Electric Transmission focused on cost allocation for network upgrades.
The Western EIM took on BPA and Tucson Electric Power as new participants, marking the market’s largest single expansion since its founding.
For a moment on April 30, CAISO was able to serve 99.87% of its native load with renewable energy, beating the 97.6% record set just a month earlier.
CAISO issued a straw proposal for its extended day-ahead offering in the Western Energy Imbalance Market, a renewed effort at greater Western regionalization.
A group of Western utilities plans to help SPP develop its Markets+ program in the West and to examine the benefits of joining it or CAISO's day-ahead market.
CAISO's Western Energy Imbalance Market surpassed $2 billion in total member benefits only 20 months after hitting the $1 billion mark in 2020.
FERC ordered CAISO, ISO-NE, MISO, NYISO, PJM and SPP to report on how system needs are changing with their shifting resource mixes and how they will meet them.
Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.
FERC ordered PacifiCorp to refund premiums it received for sales above WECC's soft price cap of $1,000/MWh during the severe Western heat wave of August 2020.