Bonneville Power Administration (BPA)
The Northwest stands out as an exception to the increasingly dire water situation gripping the wider West, boding well for its summer hydropower potential.
The Bonneville Power Administration experienced two major “price excursion” events in the Western EIM within two weeks of joining the market.
Climate change will have a mixed impact on hydropower in the Pacific Northwest, with wetter winters and springs and drier summers, BPA says.
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.
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