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July 4, 2024

California Independent System Operator (CAISO)

CAISO
Idaho Power Seeks FERC Help with $700K WEIM Fine
Idaho Power asked FERC to overturn a $700,000 fine for what it called a minor metering mistake that had no real impact on the Western Energy Imbalance Market.
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CAISO Stakeholders Lament Challenges of Gas Procurement
CAISO’s gas resource management working group is exploring challenges related to participation in ISO-run markets.
CAISO
CAISO Files EDAM Proposal with FERC
CAISO asked FERC to approve the rules for its EDAM and revisions to its existing day-ahead market, intended to more accurately forecast load.
Element Resources
Newsom Orders up Hydrogen Strategy for California
Gov. Gavin Newsom issued instructions to develop a hydrogen strategy for the state, which is competing for a share of $8 billion from the IIJA dedicated to clean hydrogen.
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In Contest for the West, Markets+ Gathers Momentum — and Skeptics
While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
WEIM
WEIM Tops $4B in Benefits Months After Hitting $3B
The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.
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FERC OKs CAISO Interconnection Study Deadline Changes
FERC accepted CAISO's proposed tariff revisions following record-breaking numbers of interconnection requests in 2021 and 2023.
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‘Uncertainty’ Prompts CAISO to Declare Another EEA Watch

CAISO declared an EEA watch for a second straight day, citing “uncertainty” about energy supply and load forecasts, transmission constraints and high electricity demand in the Western U.S.

WECC
Proposed New Western RTO Discussed at CREPC
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
CAISO
Ramping Shortfall Sparks CAISO’s 1st Summer Emergency
CAISO issued its first energy emergency alert of the summer after falling short on ramping capacity as solar output rolled off its system.  

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