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December 8, 2025

Markets+

Moonwater Capital
NV Energy to Withdraw from WRAP
NV Energy notified the Public Utilities Commission of Nevada that it plans to leave the Western Power Pool’s Western Resource Adequacy Program, citing five critical issues with the program’s design.
© RTO Insider LLC
WRAP ‘Binding’ Phase Set for Winter 2027/28 After Utilities Affirm Commitment
The Western Power Pool’s WRAP secured enough participants for the program to enter the first binding phase after 11 utilities reaffirmed their commitment.
CAISO
Stakeholder Forum: Collaboration, Determination and Optionality are Keys to Continued Market Expansion in West
As long as entities across the West remain committed to continued regional trade, coordination, and reciprocal efforts to enable market participation, there can be significant benefits for the region at large, say Chris Robinson and Scott Simms.
CAISO
DER Representatives Get a Seat at the Pathways Table
A wide variety of stakeholders — including representatives of the DER sector — will serve as advisers to the Pathways Initiative as it enters its next phases.
SPP
SPP Names Director to Lead Markets+ Monitoring
SPP named Tim Vigil, chief member relations and strategy officer for Pacific Northwest Generating Cooperative, as director of the Market Monitoring Unit’s office dedicated to Markets+.
© RTO Insider
Monroe’s Western Outreach Pays Dividends for SPP
Former SPP COO Carl Monroe's decades of outreach to Western Interconnection entities are evident in the RTO's various markets and service offerings in the West.
Western Energy
New Challenges Await Pathways After Success in Calif. Legislature
With California passing the bill designed to transition the governance of CAISO’s markets to an independent regional organization, new challenges await the West-Wide Governance Pathways Initiative as the coalition seeks to turn a once-elusive goal into reality.
Office of Sen. Jeff Merkley
West Coast Senators Urge Passage of Calif. Pathways Bill
Six Western U.S. senators came out in support of the California legislation needed to transform CAISO’s market into an independent regional energy market, saying in a letter to Gov. Gavin Newsom the bill promises "improved grid reliability and significant energy cost savings.”
PG&E
Western Utilities Set Sights on RTO After DAM Choice
Four Western utility executives participating in an Energy Bar Association webinar presented their reasoning for why they ultimately chose either SPP’s Markets+ or CAISO’s EDAM, with some eyeing the creation of a full regional transmission organization in the future.
NorthWestern Energy
Black Hills-NorthWestern Merger Could Reshape Western Market Map

The proposed merger between Black Hills Corp. and NorthWestern Energy likely will reshape the map in the competition between CAISO’s Extended Day-Ahead Market and SPP’s Markets+ — but it’s still too early to know where new boundaries will be drawn.


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