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December 23, 2024

SPP Markets+

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Conditions Finally Reverted to (Somewhat) Normal for SPP in 2023
SPP chalked up numerous successes during 2023 without the effects of a global pandemic or severe winter storms.
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IMIP Approves SPP Markets+ Governance Tariff Language
SPP’s Markets+ senior leadership approved the day-ahead market’s proposed governing document, a significant milestone in the drive to file a tariff with FERC in early 2024.
SPP
SPP’s MPEC Approves Markets+ Governance Plan
SPP met a major milestone in its Western efforts as a Markets+ committee approved the day-ahead market’s proposed governing document.
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Region Still Split as BPA Approaches Day-ahead Market Decision
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
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Western RTO Group Seeking $800K in DOE Funding
The West-Wide Governance Pathways Initiative is seeking $800,000 in federal grants to support its administrative and outreach needs as it works to lay the foundation for an independent Western RTO.
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West-Wide Governance Pathway Group Digs into its Work
The committee tasked with laying the groundwork for an independent Western RTO is confronting a complex set of challenges on an ambitious timeline.
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Stakeholders Approve Bulk of SPP’s Markets+ Tariff
SPP's western stakeholders have endorsed large chunks of tariff language that define how the day-ahead Markets+ will handle market transmission use, congestion management, transmission capacity obligations, market manipulation, and confidentiality.
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SPP Membership Elects Solomon, Dimitry to Board
SPP’s membership has elected Stuart Solomon and Irene Dimitry to three-year terms on its independent Board of Directors.
BPA
Study Shows Uneven Benefits for California, Rest of West in Single Market

The results from a WMEG study indicate that many entities outside California would see more benefits from a two-market outcome while the Golden State has the most to lose from such a split.

SPP
SPP Markets+ Stakeholders Make Gains on Governance

As SPP moves closer to finalizing its Markets+ governance structure, the grid operator hosted a webinar largely focused on a committee that will nominate members of the market’s decision-making body.


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