Energy Market
City of Seattle
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
CAISO
CAISO has launched an initiative to improve its congestion revenue rights market by addressing issues such as revenue inadequacy and auction efficiency.
West-Wide Governance Pathways Initiative
The Pathways Step 2 proposal offers a blueprint for divvying up functions between CAISO and the RO that backers envision will provide an independent framework for governing the ISO’s Western markets.
Grant County PUD
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.
PNM Resources
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+.
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MISO this year said it generally agrees with the six new market recommendations brought forward in its Independent Market Monitor’s annual State of the Market report and is actively working on one of them.
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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.
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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.
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The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.
FERC
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.
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