Chelan County PUD
Markets+ proponents argue that the SPP framework allows more flexibility for integrating greenhouse gas emission reduction programs across various states than CAISO’s EDAM.
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution to tackling market seams than under CAISO’s EDAM.
Enhanced protections against uncompetitive market behavior are among several tools to ensure fair and accurate pricing under a Markets+ framework, according to the latest "issue alert" from entities that back its development.
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.
The integration of Markets+ with the Western Resource Adequacy Program would be among a handful of key reliability benefits of SPP’s Western day-ahead offering, according to an “issue alert” published by 10 entities that backed development of the market.
Governance should be a “key consideration” for the West in the competition between day-ahead electricity markets because the outcome potentially affects $25 billion a year in energy transactions, according to a new “issue alert.”
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.
Electricity sector stakeholders expressed divisions over BPA's plan to pursue an aggressive timeline for deciding whether to join CAISO’s EDAM or SPP’s Markets+.
SPP Markets+ stakeholders kicked off the development phase of a proposed “RTO-light” service in the West, heating up the race with CAISO.
SPP has rolled out the governance structure that will oversee the first developmental phase of Markets+, its day-ahead and real-time market in the West.
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