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September 17, 2024

Powerex Corp.

Tacoma Public Utilities
3rd ‘Issue Alert’ Compares Pricing Practices in Markets+, 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.
Arizona Public Service
Markets+ Backers Highlight Reliability in 2nd ‘Issue Alert’
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.
Omnis
Governance is ‘Key Consideration’ for West, Markets+ Backers Say
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.”
SPP
FERC Finds SPP Markets+ Tariff ‘Deficient’ in Several Areas
SPP’s Markets+ hit a snag after FERC issued a deficiency letter outlining 16 problems the RTO must address in the tariff it filed for the proposed Western day-ahead market in March.
CAISO
WEIM Yields $365M in Q2 Benefits with Hot Start to Summer
CAISO’s Western Energy Imbalance Market provided its 22 participants with $365.04 million in economic benefits from April to June down 4% from the same period a year ago.
Renewable Northwest
Group Claims Powerex Backing Markets+ to Benefit from Divided West
A new study commissioned by Renewable Northwest says Powerex is poised to benefit if the West ends up divided between CAISO’s EDAM and SPP’s Markets+.
CAISO
WEIM Q1 Benefits Report Adds to NW Cold Snap Debate
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
WECC
26 Western Entities Signal Continued Support for Markets+
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. 
CAISO
WEIM Expert Calls for Fast-start Pricing to Address ‘Anomalies’

Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.

Powerex
Powerex Report Expands NW Cold Snap Debate

A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.


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