Western states must work together to build transmission avoid blackouts, Idaho Power CEO Lisa Grow and CAISO CEO Elliot Mainzer agreed. | © RTO Insider LLC
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CAISO’s Western EIM notched another milestone as it welcomed the country’s largest municipal utility and extended its border to include much of New Mexico. | PNM
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The Western Energy Imbalance Market approved two CAISO measures and endorsed a third measure to improve reliability and mitigate capacity shortfalls. | © RTO Insider
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CAISO’s Market Surveillance Committee has endorsed a set of rule changes designed to avoid shortfalls this summer. | CAISO
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CAISO issued a draft final proposal for its summer readiness market enhancements initiative just three weeks after presenting a straw proposal. | Shutterstock
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CAISO introduced a straw proposal that aims to attract supply this summer and head off shortfalls like those that led to rolling blackouts in August last year. | Shutterstock
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El Paso Electric, a utility that serves more than 400,000 customers in Texas and New Mexico, said it plans to join CAISO’s Western Energy Imbalance Market in 2023. | El Paso Electric
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Bonneville Power Administration acting administrator and CEO John Hairston will officially assume the top job at the federal power marketing agency, the DOE said. | CREPC-WIRAB
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CAISO’s top priority in 2021 will be making sure there is enough generating capacity for summer after last year’s shortfalls. | © RTO Insider
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CAISO’s Market Monitor found no evidence of market manipulation or strategic outages during the rolling blackouts of mid-August.
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Benefits for participants in CAISO’s EIM surged past $119 million in the third quarter, a record amount driven by the heat waves of August and September. | CAISO
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The creation of a Western RTO could save the region more than $1.2 billion annually, according to a new study. | Energy Strategies
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CAISO said it plans to begin a stakeholder initiative on scarcity pricing with an issue paper and formal start in January. | CAISO
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A report on the causes of California’s August blackouts contends that constrained transmission prevented much needed imports from reaching the state.
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The CAISO Board of Governors bid farewell to its retired CEO, greeted a new leader and approved a plan to implement FERC Order 831. | © RTO Insider
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CAISO launched a two-part initiative Wednesday that would alter how Western Energy Imbalance Market participants submit their base schedules. | CAISO
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CAISO won FERC approval for its second effort to allow generators to recover the costs of higher natural gas prices. | PG&E
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Heat waves and capacity shortfalls have slowed an effort by the Western EIM to expand from a real-time interstate trading forum to a day-ahead market. | Ready.gov
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EIM stakeholders broadly support a proposal that would expand the Governing Body’s approval authority and grant it a “more collaborative” relationship with CAISO’s board. | CAISO
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CAISO’s Market Surveillance Committee said the ISO needs to consider implementing scarcity pricing as a way to obtain energy during heat waves and supply shortages. | NASA
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