Markets
Markets+ Joint Authors using CAISO data
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.”
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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.
City of Seattle
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.
CAISO
CAISO has launched an initiative to improve its congestion revenue rights market by addressing issues such as revenue inadequacy and auction efficiency.
West-Wide Governance Pathways Initiative
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.
MISO
MISO doesn’t foresee a scenario where it comes close to risky operations in the upcoming winter.
Grant County PUD
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.
PNM Resources
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+.
PJM
PJM’s Planning Committee endorsed an issue charge to examine a “disconnect” around risk modeling showing loss of load risk has shifted from summer peaks to the winter and the calculation of zonal capacity emergency transfer limits.
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MISO is poised to eliminate its emergency demand response participation option, framing it as a clunky and scarcely used source of emergency assistance.
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