SPP Markets+
NW Energy Coalition
The deadline to submit bills for California’s 2025 session is looming, and backers of the West-Wide Governance Pathways Initiative expect legislation without unnecessary fluff that will change CAISO’s governance structure and allow a new regional organization to oversee Western energy markets.
© RTO Insider LLC
The RTO said it has received signed Phase 2 funding agreements from eight interested participants in its proposed day-ahead service offering — including the Bonneville Power Administration.
Tacoma Public Utilities
Tacoma Power has signed an agreement to join SPP’s Markets+, making the Washington utility the second Pacific Northwest entity to commit to participating in the market in the past month.
Powerex
The new paper from Powerex is likely to reignite the debate between supporters of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ just as the competition between the two markets approach critical junctures.
BPA
BPA CEO John Hairston said the agency is committed to President Donald Trump’s goal to “unleash American energy dominance,” while also revealing that about 200 staff have accepted the president’s deferred resignation offer.
Wyoming Business Council
A workshop on the West-Wide Governance Pathways Initiative has sparked praise for the proposal as well as concerns, including uneasiness over plans to share staffing between CAISO and a new regional organization that would govern Western electricity markets.
© RTO Insider LLC
Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.
© RTO Insider LLC
BPA would have to strike several types of agreements, many of which are complex and could take years to implement, to tackle seams that could arise if BPA joins a day-ahead market, agency staff said during a workshop.
© RTO Insider LLC
BPA could face high implementation fees and operating costs under both SPP’s Markets+ and CAISO’s EDAM, but exact amounts are in flux.
The Brattle Group
California ratepayers would save millions more in a CAISO Extended Day-Ahead Market encompassing nearly all the West than in one that includes only those utilities likely to join the market, according to a new Brattle Group study.
Want more? Advanced Search