FERC found Idaho Power had satisfied standards for market-based rate authority and terminated a proceeding it had ordered to find out if the utility was exercising market power in its BAA.

FERC accepted NERC Notices of Penalty against the Bonneville Power Administration, Idaho Power and the Niles Light Department.

Pacific Northwest members reaped an unusually large chunk of the Western EIM's benefits in the first quarter, leaning on it to keep up with demand.

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 Western Energy Imbalance Market saw financial benefits soar to a record $71.2 million in the second quarter, according to a CAISO report.

Idaho Power and Powerex began transacting in the EIM, bringing to eight the number of members participating in CAISO’s regional real-time market.

Arizona Public Service and Puget Sound Energy have met the milestones to participate in the CAISO-run Western EIM and will begin trading in the market on Oct. 1.

Idaho Power signed an agreement with CAISO to become the sixth utility to join the western Energy Imbalance Market.