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November 21, 2024

Portland General Electric (PGE)

E3
BPA Sticks to Markets+ Leaning Despite Study Showing EDAM Benefits

New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.

The Brattle Group
Brattle Study Finds EDAM Gains, Markets+ Losses for BPA, Pacific NW
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
© RTO Insider LLC
Regulators Who Launched Pathways Praise Western ‘RO’ Plan
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
© RTO Insider LLC 
FERC Grants PGE Extra Time to Prepare for EDAM
FERC granted CAISO a waiver allowing PGE to join the ISO’s Extended Day-Ahead Market a few months beyond the timeline set out in the market’s standard participation agreement.
West-Wide Governance Pathways Initiative
Pathways Initiative Releases ‘Step 2’ Proposal for Western ‘RO’
Pathways released its Step 2 draft proposal for dividing up functions between CAISO and the new “regional organization” that initiative backers are seeking to create to oversee the ISO’s Western real-time and day-ahead markets.
The Brattle Group
Updated EDAM Study Shows Doubling of PacifiCorp Benefits
PacifiCorp is poised to realize up to $359 million a year in net benefits from participating in CAISO’s EDAM, nearly double a previous estimate, according to a newly updated study by The Brattle Group.
CAISO
CAISO, Stakeholders Consider GHG Attribution for Non-priced States
CAISO is recommending it implement a Western Power Trading Forum proposal that could help the EDAM track and account for GHG emissions in a way that considers the variety of carbon pricing programs across the West.
West-Wide Governance Pathways Initiative
Comments on Western RO Stakeholder Plan Show Complexity of Effort
Stakeholder comments filed with the West-Wide Governance Pathways Initiative illustrate the complexity of building the new kind of Western regional organization envisioned by backers of the effort.
Bonneville Power Administration
BPA to Delay Day-ahead Market Decision, Sources Say

The Bonneville Power Administration will delay its Western day-ahead market choice beyond a scheduled Aug. 29 announcement date and likely will extend the decision-making process into 2025, according to multiple sources.

Pacific Northwest Hydrogen Association
Pacific NW Hydrogen Hub Launched with 1st Round of Federal Funds
The Pacific Northwest Hydrogen Association said it secured the first slice of a $1 billion DOE grant to develop a network of clean hydrogen suppliers and consumers across the region.

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