Washington
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The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
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Washington's Department of Ecology kicked off its first virtual electricity forum to provide updates on recent electricity sector rulemaking efforts related to the state’s carbon market.
Bonneville Power Administration
The Bonneville Power Administration will delay its Western day-ahead market choice beyond a scheduled Aug. 29 announcement date and likely will extend the decision-making process into 2025, according to multiple sources.
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The senators representing Oregon and Washington urged the agency to delay its decision to join a Western day-ahead electricity market until developments play out further around SPP’s Markets+ and CAISO’s EDAM.
WECC
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market.
BPA
House Republicans lambasted a deal that the Biden administration struck between Oregon, Washington and four tribes on four dams along the Snake River.
Shutterstock
A meeting of CAISO’s Greenhouse Gas Coordination Working Group illustrated the complexity Western stakeholders confront in addressing greenhouse gasses in the region’s expanding electricity markets.
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A major focus at the Energy Bar Association meeting was on how to ensure reliability and affordability as the grid transitions to a cleaner future.
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Potential SPP Markets+ participants democratically endorsed the first pieces of the day-ahead market’s tariff, acquiring a taste of the grid operator’s stakeholder process at the same time.
Space Age Fuel
Washington’s second cap-and-trade auction netted more than $557 million in revenue after bidders bought all 11.035 million carbon allowances on offer last week.
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