Peak Reliability and PJM officials promoted the independent and self-governing nature of their proposed Western energy market.

A key California lawmaker is seeking comment this week on a revived effort to regionalize CAISO and create a multistate Western RTO.

The chairman of NERC’s Board of Trustees said the organization hopes to have a new CEO in place by the summer.

Peak Reliability and PJM Connext have refined their pitch to attract participants to a new Western energy market, saying they envision “a marketplace built by and for the West.”

The integration of the Mountain West Transmission Group into SPP is on track to meet its October 2019 consummation timeline.

CAISO has been studying its recent move to become a reliability coordinator (RC) since early last year, and ISO officials have extensively reviewed the proposal, it said.

Power industry participants got their first “peak” at a potential organized market that could rival CAISO’s efforts to expand its own operations into the rest of West.

CAISO officials said they “reluctantly” plan for the ISO to become a reliability coordinator (RC) by spring 2019 and will depart from Peak Reliability.

The Energy Imbalance Market (EIM) expanded its footprint and ambitions in 2017 while new suitors lined up to compete with CAISO as the vehicle for a Western RTO.

The Western Electricity Coordinating Council (WECC) board of directors endorsed a new three-year operating plan for the organization.