SPP Markets+
SPP
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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Many at the joint conference focused on the eventual result of the contest between CAISO's Extended Day-Ahead Market and SPP's Markets+ to organize the West's electricity market.
PNM
When it comes to choosing between Western day-ahead market offerings, who else is participating in the market is a key consideration, a representative of a New Mexico utility said.
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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+.
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The coalition of utility commissioners that proposed the creation of an independent Western RTO is wasting no time getting the project up and running.
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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.
New Mexico Public Regulation Commission
State regulators have launched a process to develop “guiding principles” regarding participation in a regional day-ahead market or RTO.
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While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
WEIM
The Western Energy Imbalance Market topped $4 billion in cumulative benefits in the second quarter of 2023, just six months after it topped the $3 billion mark.
WECC
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
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