SPP Markets+
BPA should be allowed to decide on a day-ahead market without outside federal interference, a group of Northwest publicly owned utilities that favor SPP’s Markets+ told DOE in a letter.
The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
SPP’s Board of Directors has approved the RTO’s 2025 operating and capital budgets and its net revenue requirement following a unanimous endorsement by the Members Committee.
The Public Regulation Commission voted 3-0 to adopt the guiding principles which emphasize customer benefits, transparency, stakeholder involvement and tracking of greenhouse gas emissions.
Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.
The Western Area Power Administration said its Sierra Nevada region will pursue “final negotiations” to join CAISO’s Extended Day-Ahead Market, notching another — if expected — victory for the ISO in its competition with SPP’s Markets+.
NV Energy’s decision to join CAISO's Extended Day-Ahead Market rather than SPP's Markets+ was based partly on concerns that participation in the latter would “lead to substantial expenditures with limited results,” a representative of the Nevada utility said.
The Bonneville Power Administration’s commitment to fund the second phase of SPP’s Markets+ won’t be swayed by the departure of the executive leading the agency’s day-ahead market initiative, an official told the Markets+ Participants Executive Committee.
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