SPP’s plan to develop a market to compete with CAISO's Western EIM got a boost from utilities and energy customers in the Pacific Northwest.

The Western EIM took on BPA and Tucson Electric Power as new participants, marking the market’s largest single expansion since its founding.

CAISO's Western Energy Imbalance Market surpassed $2 billion in total member benefits only 20 months after hitting the $1 billion mark in 2020.

The Bonneville Power Administration is on target to enter the Western EIM in early May after executives made a final determination on its market readiness.

BPA should have enough generation to avoid capacity deficits if it decides to join the “binding” phase of the Western Resource Adequacy Program.

NERC and the regional entities expressed support last week for FERC's proposal for internal network monitoring at utilities, but said it is a complex task.

BPA is on track to enter the Western Energy Imbalance Market on May 3, despite lingering issues with software systems related to market integration.

FERC approved the BPA’s proposed 2022 wholesale power and transmission rates — a formality by the commission that carries little weight under federal law.

CAISO, SPP and the Western Power Pool are all maneuvering to organize the Western electricity sector, and conditions finally seem ripe for change.

CAISO's Western Energy Imbalance Market hit a record $739 million in member benefits in 2021, putting its total close to $2 billion since it launched in 2014.