WEIM

Portland General Electric announces intent to join CAISO EDAM regional energy market to benefit customers, environment

Retrieved on: 
Thursday, March 21, 2024
Sacramento Municipal Utility District, Research, California Independent System Operator, PGE, Wind, Public utility, Portland General Electric, Water, PacifiCorp, Pacific Northwest, WEIM, CAISO, Renewable energy

PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy.

Key Points: 
  • Participation in California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM) to enhance affordability, reliability and access to clean power.
  • PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy.
  • Cost benefit analysis research commissioned by PGE concluded the EDAM is likely to provide the greatest economic benefit compared to alternative market options.
  • The EDAM extends the success of CAISO's Western Energy Imbalance Market (WEIM), a real-time, wholesale energy market that PGE joined in 2017 and that produces cost savings for PGE customers.

BHE Montana Joins CAISO’s Western Energy Imbalance Market

Retrieved on: 
Friday, November 3, 2023
Energy, Other Energy, Oil, Gas, WEIM, Western Electricity Coordinating Council, BHE, Renewable energy

BHE Montana announced today it has joined the California Independent System Operator’s Western Energy Imbalance Market – also referred to as the WEIM – through the execution of its WEIM implementation agreement on October 30, 2023.

Key Points: 
  • BHE Montana announced today it has joined the California Independent System Operator’s Western Energy Imbalance Market – also referred to as the WEIM – through the execution of its WEIM implementation agreement on October 30, 2023.
  • BHE Montana will be the first company that operates both a generation only and renewable only balancing authority to join the WEIM, adding 399 megawatts of clean energy generation from three windfarms and 75 megawatts of a battery energy storage system.
  • BHE Montana’s participation in the WEIM will bring enhanced reliability to the energy grid within the Western Electricity Coordinating Council, a system covering 14 Western states, two Canadian provinces and the northern portion of Baja California, Mexico.
  • “We are excited to integrate more renewable energy into the WEIM, enhancing reliability and clean energy availability in the West,” said Nancy Murray, president, BHE Montana.

AVANGRID Joins CAISO’s Western Energy Imbalance Market as Its First Generation-Only Entity

Retrieved on: 
Wednesday, April 5, 2023
Environment, Climate Change, Environmental Health, Utilities, Oil, Gas, Sustainability, Alternative Energy, Green Technology, Energy, Nuclear, AGR, CAISO, NYSE, WEIM, Renewable energy

AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today joined the California Independent System Operator’s (CAISO) Western Energy Imbalance Market (WEIM) as the first generation-only entity.

Key Points: 
  • AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today joined the California Independent System Operator’s (CAISO) Western Energy Imbalance Market (WEIM) as the first generation-only entity.
  • As a WEIM market participant, AVANGRID will support and strengthen the energy system of 11 Western states with almost 2 GW of installed emissions-free capacity from facilities that the company operates in the region.
  • “Joining the WEIM as the first generation-only entity represents a meaningful milestone for the CAISO and for us, and we’re proud of the work that our team has done to help strengthen the West’s energy system,” said Pedro Azagra, CEO of AVANGRID.
  • Regional coordination in generating and delivering the lowest-cost energy to participants, enhances reliability while providing environmental benefits by integrating renewable energy into the grid more efficiently.

Large U.S. Federal Power Marketing Entity Successfully Joins the Western Energy Imbalance Market

Retrieved on: 
Tuesday, May 24, 2022
Software, Other Energy, Utilities, Oil, Gas, Nuclear, Coal, White House, Federal Government, Energy, Technology, Marketing, Communications, Public Policy, Government, AVA, AUS, PCI, Federal Columbia River Power System, Solution, WEIM, Puget Sound Energy, California Independent System Operator, Public service, Arizona Public Service, EIM, CAISO, Salt River Project, SRP, TPU, APS, PNM, Tacoma Power, PSE, Renewable energy

A large federal power marketing entity (Client) successfully joined the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator (CAISO), with a go-live date of May 3, by leveraging PCIs state-of-the-art cloud technology platform .

Key Points: 
  • A large federal power marketing entity (Client) successfully joined the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator (CAISO), with a go-live date of May 3, by leveraging PCIs state-of-the-art cloud technology platform .
  • This go-live marks the beginning of our long-term relationship with our Client in a new business context of being part of a wholesale imbalance market, Martin said.
  • Participating in the Western EIM will help our Client optimize hydropower capacity and load service, providing operational and economic benefits for surplus power and savings on short-term purchases.
  • PCI is the leading provider of energy trading software, superior customer support, and value-added services for energy companies worldwide.

Avista Corporation Successfully Enters CAISO Western Energy Imbalance Market (WEIM) Using PCI’s Enterprise Cloud Platform

Retrieved on: 
Wednesday, April 27, 2022
Oil, Gas, Energy, Technology, Software, Utilities, Cloud, Solution, California Independent System Operator, AUS, Corporation, Natural gas, Satellite navigation, AERC, Technology, Balancing, PCI, Transmission service request, WEIM, CAISO, AEL&P, Population, AEL, Risk management, Public utility, Avista

Avista Corporation (Avista) successfully joined the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator (CAISO) by leveraging the PCI Enterprise Cloud Platform for its optimized participation in the WEIM.

Key Points: 
  • Avista Corporation (Avista) successfully joined the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator (CAISO) by leveraging the PCI Enterprise Cloud Platform for its optimized participation in the WEIM.
  • With its go-live, Avista becomes the 11th client of Power Costs, Inc. , to successfully begin full participation in the WEIM.
  • The WEIM go-live implementation went very smoothly, said James Dykes, the Avista EIM Technology Program Manager and EIM Technology Operations Manager.
  • Avista Corp. is an energy company involved in the production, transmission, and distribution of energy as well as other energy-related businesses.

Two more utilities join the Western Energy Imbalance Market

Retrieved on: 
Wednesday, March 2, 2022
ISO, Avista, Microbial contamination of diesel fuel, Population, Tucson Electric Power, NYSE, Pacific Northwest, Tacoma Power, WEIM, Power, Natural gas, Tacoma Public Utilities, Electricity, Technology, Federal Way, Washington, Bonneville Power Administration, University Place, California Independent System Operator, GLOBE, Carbon, Renewable energy, Public utility

FOLSOM, Calif., March 02, 2022 (GLOBE NEWSWIRE) -- Avista Utilities and Tacoma Power, two utilities serving a combined 600,000 electric customers in the Pacific Northwest, are the newest members of the Western Energy Imbalance Market (WEIM), with both beginning their participation today.

Key Points: 
  • FOLSOM, Calif., March 02, 2022 (GLOBE NEWSWIRE) -- Avista Utilities and Tacoma Power, two utilities serving a combined 600,000 electric customers in the Pacific Northwest, are the newest members of the Western Energy Imbalance Market (WEIM), with both beginning their participation today.
  • I am pleased to welcome Avista and Tacoma Power to the Western Energy Imbalance Market, said ISO President and CEO Elliot Mainzer.
  • Joining the Western Energy Imbalance Market expands our ability to integrate more renewable energy while continuing to meet the energy needs of our customers, reliably and affordably, said Jason Thackston, Avistas senior vice president of energy resources.
  • The Western Energy Imbalance Market (WEIM) is a real-time wholesale energy trading market that enables participants anywhere in the West to buy and sell energy when needed.

Turlock Irrigation District (TID) Goes Live with PCI’s Enterprise Platform for Full Participation in CAISO’s Western Energy Imbalance Market (WEIM)

Retrieved on: 
Wednesday, May 26, 2021
Technology, Finance, Other Energy, Utilities, Oil, Gas, Professional services, Software, Energy, Networks, WEIM, Peripheral Component Interconnect, PCI, Energy industry, Computing, Computers

Power Costs, Inc. (PCI) is pleased to announce the successful April 1 transition of Turlock Irrigation District (TID) to the CAISO-operated Western Energy Imbalance Market (WEIM).

Key Points: 
  • Power Costs, Inc. (PCI) is pleased to announce the successful April 1 transition of Turlock Irrigation District (TID) to the CAISO-operated Western Energy Imbalance Market (WEIM).
  • TID leveraged PCI's secure, integrated, web-based cloud platform to manage WEIM business requirements for its Balancing Authority (B.A.)
  • TID, located in Turlock, CA, was established in 1887 as a community-owned, not-for-profit irrigation, water, and electric utility.
  • PCI is the leading provider of energy trading software, superior customer support, and value-added services for energy companies worldwide.

Tri-State Generation and Transmission goes live in CAISO Western Energy Imbalance Market

Retrieved on: 
Friday, April 2, 2021
Energy in California, California Independent System Operator, WEIM, Weis, Food and drink

HOUSTON, April 2, 2021 /PRNewswire-PRWeb/ -- Adapt2 Solutions , a leading provider of AI enabled multi-market operations and trading software, today announced the successful go-live of Tri-State Generation and Transmission in the CAISO Western Energy Imbalance Market (WEIM) market.

Key Points: 
  • HOUSTON, April 2, 2021 /PRNewswire-PRWeb/ -- Adapt2 Solutions , a leading provider of AI enabled multi-market operations and trading software, today announced the successful go-live of Tri-State Generation and Transmission in the CAISO Western Energy Imbalance Market (WEIM) market.
  • Tri-State is leveraging Adapt2's Flagship Cloud-Native Platform, Adapt2 Bid-to-Bill (B2B), for both SPP WEIS and CAISO WEIM.
  • Adapt2 Solutions has been working with Tri-State Generation and Transmission over the past year to achieve milestones and ensure a successful market go-live.
  • "This is an exciting time for Tri-State Generation and Transmission as we begin operations in CAISO WEIM.

Tacoma Power Selects PCI for its Transition to the California ISO (CAISO) Western Energy Imbalance Market (WEIM)

Retrieved on: 
Tuesday, May 12, 2020
Technology, Other Energy, Utilities, Oil, Gas, Coal, Alternative energy, Software, Energy, Nuclear, WEIM, California Independent System Operator, Tacoma Power, Tacoma, Washington, States of the United States, Tacoma Power, Power Costs, Inc. (PCI)

Tacoma Power has selected PCI to deploy multiple enterprise cloud platform solutions as part of its organizational roadmap to join the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator (CAISO).

Key Points: 
  • Tacoma Power has selected PCI to deploy multiple enterprise cloud platform solutions as part of its organizational roadmap to join the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator (CAISO).
  • The selection was made as the result of a competitive process and Tacoma Power is scheduled for WEIM go-live in 2022.
  • PCI is proud to have Tacoma Power as one of its premier enterprise customers and values its trust in us, said Shailesh Mishra, PCI Vice President.
  • PCI is the leading provider of generation supply management software, superior customer support and value-added services for energy companies worldwide.

Salt River Project (SRP) Goes Live with PCI’s Enterprise Platform for Full Participation in CAISO’s Western Energy Imbalance Market (WEIM)

Retrieved on: 
Tuesday, April 14, 2020
Data management, Other Natural Resources, Utilities, Technology, Natural Resources, Energy, Software, WEIM, SRP, Salt River Project, California Independent System Operator, Conventional PCI, Salt, Computing, States of the United States, United States, Salt River Project (SRP), Power Costs, Inc. (PCI)

PCI is pleased to announce the transition and go-live of Salt River Project (SRP) in the CAISO-operated Western Energy Imbalance Market (WEIM) on April 1, 2020.

Key Points: 
  • PCI is pleased to announce the transition and go-live of Salt River Project (SRP) in the CAISO-operated Western Energy Imbalance Market (WEIM) on April 1, 2020.
  • SRP has successfully transitioned by leveraging PCIs secure, integrated, web-based cloud platform to manage the WEIM business requirements for its Balancing Authority and Trading groups.
  • Selecting the right software platform, diligent planning and execution by our staff, and close collaboration with PCI were critical success factors.
  • PCIs partnership with SRP and other utilities in the WEIM market contributed to the success of the project.