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July 7, 2024

California Independent System Operator (CAISO)

FERC Proposes $6.8M Fine for CAISO Market Manipulation
FERC ordered Vitol and a senior trader to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s CRRs,
UPDATED: Calif. Wildfire Relief Bill Signed After Quick Passage
A bill intended to shore up California’s IOUs against wildfire liability raced through the state Legislature and landed on the desk of Gov. Gavin Newsom.
Customers Probe BPA on EIM Impact
BPA dispelled lingering doubts about its intent to join the Western EIM, but will take time to address stakeholders about how the move will affect them.
UPDATE: Calif. Lawmakers Rush to Pass Utility Wildfire Aid
The wildfire package that California Gov. Gavin Newsom asked lawmakers to push through cleared two key committees and sailed through the Senate.
Gas Spike Drove High CAISO Power Costs in Q1
A spike in natural gas prices drove up the cost of wholesale electricity in CAISO in Q1 2019, but changes to CRR Auctions appears to be working .
Tx Incentives NOI Brings Calls for Broader Reforms
FERC’s request for comments on transmission incentives produced splits between transmission owners and load interests, as well as calls for new policies.
CAISO OKs EIM Governance Review
Leaders of CAISO and its EIM established a panel to update the EIM’s governance as the real-time market grows and likely adds day-ahead bidding.
NW Price Spike a ‘Wake-up Call,’ Ex-BPA Chief Says
The Western Electricity Coordinating Council Board of Directors received a briefing on the Pacific Northwest’s early March price spike.
Patchwork of Carbon Policies Troubles Western EIM
A carbon workshop hosted by the EIM underscored how West Coast and Intermountain states can be uneasy partners in CAISO’s real-time market.
BPA Marches Toward EIM Membership
The Bonneville Power Administration (BPA) took another step toward membership in the Western EIM when it kicked off a monthlong public comment process.

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