Western Electricity Industry CEO Discussion Leaders of the electric utility industry will discuss the emerging issues and key strategic initiatives that will shape the landscape of the western electricity industry over the next five years. Pat Vincent-Collawn, President & CEO, PNM Resources Lisa Grow, President, Idaho Power Company Carolyn Barbash, Vice President, NV Energy Gary…

Role of Regional States Committees in Wholesale Electricity Market Governance In 2015, the Western Energy Imbalance Market (EIM)– Body of State Regulators (BOSR) was established to provide a forum for state regulatory commissioners to learn about, discuss, and advise the EIM Governing Body on the development of the EIM. At that time, the EIM included…

Price Formation in Wholesale Electricity Markets The primary role of a market price is to reflect equilibrium between supply and demand. In a well-functioning and competitive wholesale electricity market, the market price represents the cost per megawatt-hour to procure the next megawatt needed to balance the system.  This common understanding of price formation in wholesale…

Resource Adequacy Program for Electric Utilities in the West The Northwest Power Pool, with the financial support of 18 of its 35 members, has embarked on the design of a voluntary Resource Adequacy Program for electric utilities in the West.  The purpose of the Resource Adequacy Program is to ensure adequate generating capacity is available…