The New Mexico PRC granted two approvals PNM requested to join CAISO’s Western Energy Imbalance Market, but denied one concession the utility deemed key.

New Mexico’s PUC vacated an order that had paved the way for the PSC of New Mexico to join CAISO’s Western Energy Imbalance Market by the spring of 2021.

FERC approved an agreement between CAISO and the Salt River Project that establishes the rules governing the utility’s participation in the Western EIM.

The Western Energy Imbalance Market (EIM) Governing Body heard proposals regarding its existing real-time market and an expanded day-ahead market.

CAISO will tackle its new role as reliability coordinator in 2019, and California lawmakers will struggle with preventing wildfires sparked by power lines.

New Mexico regulators gave PNM permission to join the Western Energy Imbalance Market (EIM), clearing the way for participation in April 2021.

The Bonneville Power Administration continued its series of discussions with stakeholders about joining CAISO’s Western Energy Imbalance Market.

NorthWestern Energy said that it will join the Western Energy Imbalance Market in spring 2021, making it the 14th utility to announce plans to sign on.

Public Service Company of New Mexico (PNM) has applied to join the Energy Imbalance Market by 2021, the EIM Governing Body learned.

After a surge in Q1, CAISO prices fell in the second quarter based on lower prices for natural gas and increased output from wind, hydroelectric and solar.