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July 22, 2024

Western Energy Imbalance Market (WEIM)

SPP
SPP to Phase Out WEIS as New Market Offerings Expand
SPP said it plans to close its Western Energy Imbalance Service, with members joining either its proposed Markets+ program or its Western RTO.
CAISO
CAISO Reports High Energy Prices in Q4
A CAISO market report says high natural gas prices drove a 50% run-up in electricity costs in Q4 2021, hitting the Western Energy Imbalance Market as well.
© RTO Insider LLC
BPA ‘Full Speed Ahead’ on May WEIM Entry, but Issues Remain
BPA is on track to enter the Western Energy Imbalance Market on May 3, despite lingering issues with software systems related to market integration.
CAISO
CAISO, WEIM Adopt Resource Sufficiency Changes
CAISO's Board of Governors and the Western Energy Imbalance Governing Body adopted changes to WEIM's resource sufficiency evaluation for market participants.
CAISO
Western EIM Nears $2B in Total Benefits
CAISO's Western Energy Imbalance Market hit a record $739 million in member benefits in 2021, putting its total close to $2 billion since it launched in 2014.
Jaywm, CC BY-SA 4.0, via Wikimedia Commons
Avista, Tacoma Power Stick with March Entry into WEIM
Washington utilities Avista and Tacoma Power will not delay their entry into the Western EIM, despite BPA’s decision to postpone joining by two months.
DOE
BPA Postpones Western EIM Entry by 2 Months
The Bonneville Power Administration said it will delay its entry into the Western EIM by two months to work out technical and training issues.
Colorado Energy Office
Colorado Utilities Choose WEIS over WEIM
Public Service Company of Colorado, Platte River Power Authority and Black Hills Colorado Electric said they plan to join SPP’s WEIS market in April 2023.
©RTO Insider LLC
CAISO Extends Wheel-through Rules
CAISO's Board of Governors extended controversial wheel-through restrictions for two more years as the ISO works on a long-term fix to transmission constraints.
© RTO Insider LLC
Idaho Commissioner to Join WECC Executive Ranks
Idaho Public Utilities Commissioner and WIRAB Chair Kristine Raper will join WECC as vice president of external affairs beginning Jan. 24.

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