CAISO will be inherently compromised in its role as an operator of a deeper Western market because of its conflicting responsibilities as BA within that market, a group of entities that support SPP’s Markets+ argue in their latest “issue alert.”
The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
The Pathways Step 2 proposal offers a blueprint for divvying up functions between CAISO and the RO that backers envision will provide an independent framework for governing the ISO’s Western markets.
BPA should be allowed to decide on a day-ahead market without outside federal interference, a group of Northwest publicly owned utilities that favor SPP’s Markets+ told DOE in a letter.
The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.
CAISO’s Board of Governors and WEM Governing Body approved ISO tariff amendments needed to implement the West-Wide Governance Pathways Initiative’s “Step 1” proposal.
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
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.
