Tacoma Power
Governance should be a “key consideration” for the West in the competition between day-ahead electricity markets because the outcome potentially affects $25 billion a year in energy transactions, according to a new “issue alert.”
Members of a key WRAP stakeholder group have expressed support for the recent move by participants to delay the program’s “binding” penalty phase by one year, to summer 2027.
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market.
FERC granted complaints by five utilities against CAISO, nullifying nearly $2 million in penalties for incorrect meter data reporting.
CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.
One of two men charged with attacking electric substations in Washington state over the Christmas holiday has pleaded guilty to conspiracy charges.
Two men were accused of damaging four electric substations in Washington — leaving thousands without power on Christmas — as a cover for a burglary plot.
Nearly a dozen utilities committed to joining the “binding” iteration of the Western Resource Adequacy Program, with more expected to sign on later this month.
Seven Western entities have now expressed support for participating in the next phase of SPP's market development in the Western Interconnection.
SPP’s plan to develop a market to compete with CAISO's Western EIM got a boost from utilities and energy customers in the Pacific Northwest.
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