CAISO said Monday its Western Energy Imbalance Market has produced more than a half-billion dollars in benefits for participants since its founding five years ago, including more than $100 million in benefits in the third quarter of 2018.

The formation of a Western energy market was a contentious topics of discussion at the fall joint meeting of CREPC and WIRAB.

CAISO’s congestion revenue rights market showed unusual surpluses this summer because of higher congestion rents on Path 26.

Stakeholders weighed in on the 2nd CAISO straw proposal to treat energy storage as transmission assets (SATA) for purposes of accessing market revenues.

The 1,000 or so attendees at CAISO’s Stakeholder Symposium got a glimpse of what the future could hold during the event’s 10th anniversary.

California’s big utilities shut down power proactively or warned customers they might need to because of windy conditions that could lead to wildfires.

Pacific Gas and Electric pre-emptively shut down power to thousands of its customers amid high winds to reduce the risk of wildfires.

PJM CEO Andy Ott sat down with RTO Insider for the second time this year to discuss the RTO’s perspective on a Western market.

Talk of an RTO for the Western Interconnection lived during the annual meeting of the Northwest & Intermountain Power Producers Coalition (NIPPC).

PJM is leaving the door open to developing an organized electric market in the Western Interconnection, despite the downfall of Peak Reliability.