SPP Markets+
The Bonneville Power Administration plans to issue a draft decision on its day-ahead market participation in August, followed by a final decision in November.
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.
The study finds dividing CAISO’s EDAM from SPP’s Markets+ would create seams that pose a different set of problems than challenges seen at the boundaries of full RTOs in other parts of the U.S.
Stakeholders have discussed the likelihood that there may be two day-ahead markets in the West, CAISO’s Extended Day-ahead Market and SPP’s Markets+ and/or RTO West.
The New Mexico Public Regulation Commission will dive into a report on the financial implications of a Western day-ahead electricity market.
SPP chalked up numerous successes during 2023 without the effects of a global pandemic or severe winter storms.
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 met a major milestone in its Western efforts as a Markets+ committee approved the day-ahead market’s proposed governing document.
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.
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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