The West-Wide Governance Pathways Initiative is advancing on its $570,000 funding target. And its members also are wading deeper into one of the key subjects it was conceived to address: CAISO's governance.
CAISO notched another victory in the competition to bring organized markets to the West when the Los Angeles Department of Water and Power’s oversight board authorized the utility to prepare to join EDAM.
The Bonneville Power Administration plans to issue a draft decision on its day-ahead market participation in August, followed by a final decision in November.
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.
Western Power Trading Forum/Public Generating Pool
The study finds dividing CAISO’s EDAM from SPP’s Markets+ would create seams that pose a different set of problems than challenges seen at the boundaries of full RTOs in other parts of the U.S.
Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
