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December 22, 2024

CAISO/WEIM

The California Independent System Operator serves about 80% of California's electricity demand, including the service areas of the state's three investor-owned utilities. It also operates the Western Energy Imbalance Market, an interstate real-time market covering territory that accounts for 80% of the load in the Western Interconnection.
Kevin Dooley, CC BY-SA-2.0, via Wikimedia Commons
Western Market Developers Compare Approaches to GHGs

On the surface, CAISO’s Extended Day-Ahead Market and SPP’s Markets+ will take similar approaches to accounting for greenhouse gas emissions — but important differences remain.

Bonneville Power Administration
BPA Touts Markets+ in Response to Seattle City Light Opposition
The Bonneville Power Administration continued to argue that SPP’s Markets+ is preferable to CAISO’s EDAM, stating in a letter to Seattle City Light that potential benefits of a single West-wide market footprint must be viewed with “significant skepticism."
 © RTO Insider LLC
BPA Has not Made ‘Business Case’ for Markets+, NW Senators Say
The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
LADWP
LADWP Gets Board’s OK to Join CAISO’s EDAM
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
© RTO Insider LLC
WestTEC Committee Considers Scenarios in Transmission Study
Stakeholders said they are inching closer to developing the scenarios that will inform the Western Transmission Expansion Coalition’s transmission planning study.
CAISO
FERC OKs CAISO Plan to Streamline Interconnection Process
FERC approved CAISO’s request to further streamline its generator interconnection process in response to the high volume of requests in its interconnection queue.
CAISO
CAISO Launches New Initiative for Storage Resource Design
CAISO kicked off a new Storage Design and Modeling Initiative intended to tackle an array of challenges related to the growing market participation of storage resources.
CAISO
CAISO Monitor: ISO Easily Handled Annual Peak Demand in 2024
CAISO's Department of Market Monitoring reported that the ISO saw “one of the highest demand peaks” in recent years in 2024.
NREL
FERC Approves Fines on Batteries for Misleading Bids in CAISO
FERC approved fines on Sonoran West Solar Holdings for submitting misleading initial state of charge values that led to undue bid cost recovery payments.

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