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May 9, 2024

SPP Markets+

© RTO Insider LLC
SPP’s Stakeholder Process Attracts Markets+ Participants
SPP says its stakeholder-driven culture is key to Markets+' success in the Western Interconnection.
CAISO
WEIM Q1 Benefits Report Adds to NW Cold Snap Debate
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
PacifiCorp
SPP Markets+ Tariff Sparks Concerns for PacifiCorp, NV Energy
Although PacifiCorp formally committed to joining CAISO’s Extended Day-Ahead Market, the utility is still voicing concerns about a competing day-ahead market, SPP’s Markets+, in a FERC filing. 
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Western Officials Get Rundown on ‘Irritating, Inefficient’ Market Seams
Utility staff charged with managing real-time operations will be equipped to deal with the seams between two Western day-ahead markets, but the situation will be far from ideal, Western state energy officials heard at the CREPC-WIRAB spring conference.
PacifiCorp
PacifiCorp Fully Commits to CAISO’s EDAM

PacifiCorp said it will sign an implementation agreement to join CAISO’s EDAM, making it the first entity to formally commit to either of the two day-ahead markets being offered in the West.

Western Power Pool
WRAP Participants Seek 1-Year Delay to ‘Binding’ Operations
Citing “significant new headwinds” to securing energy resources, participants in the Western Resource Adequacy Program are seeking to delay the program’s “binding” penalty phase by one year, to summer 2027.
West-Wide Governance Pathways Initiative
Pathways Initiative Rejected for $800K in DOE Funding
The West-Wide Governance Pathways Initiative applied for the money in January in response to a DOE Funding Opportunity Announcement, seeking two tranches of $400,000 each to be disbursed over two years to help support the effort build an independent Western RTO.
WECC
26 Western Entities Signal Continued Support for Markets+
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. 
CAISO
Nevada RTO Proceeding Examines EDAM, Markets+ Design

Two competing day-ahead markets from CAISO and SPP are taking different approaches to resource sufficiency and adequacy, according to presenters at a workshop included in a regulatory effort to help inform NV Energy’s decision on which market to join.

West-Wide Governance Pathways Initiative
Western RTO Group Floats Independence Plan for EDAM, WEIM
Backers of an initiative to create an independent Western RTO that builds on CAISO’s markets have floated a plan to untangle the snag that’s hung up past efforts to “regionalize” the ISO: a lack of independent governance.

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