Powerex Corp.
Arizona Public Service
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 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
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
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
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
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
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
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
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.
© RTO Insider LLC
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
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