Bonneville Power Administration (BPA)
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BPA is not planning to acquire any major energy resources but is taking steps to ensure it’s ready in case those predictions should change, staff said during a presentation of the agency’s 2024 Resource Program.
CAISO
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
Bonneville Power Administration
The Bonneville Power Administration tamped down expectations that it is all in on SPP’s Markets+, clarifying in a recent letter to lawmakers representing Oregon and Washington that it’s still weighing the pros and cons of joining a day-ahead market.
The Bonneville Power Administration
BPA remains on track to issue a decision on which day-ahead market to join by May 2025 despite calls to delay it until fall 2025 to give the agency more time to reconsider its leaning toward SPP’s Markets+.
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New SPP CEO Lanny Nickell says the RTO's corporate culture is its "secret sauce" and the key to its success in 2025 as it tackles the grid of the future and expansion into the Western Interconnection.
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CAISO’s launch of the Extended Day-Ahead Market will not spell the end of a Western real-time-only offering from the ISO, according to CEO Elliot Mainzer.
Bonneville Power Administration
The Bonneville Power Administration continued to argue that SPP’s Markets+ is preferable to CAISO’s EDAM, stating in a letter to Seattle City Light that potential benefits of a single West-wide market footprint must be viewed with “significant skepticism."
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The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
LADWP
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
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Stakeholders urged the Bonneville Power Administration to provide more transparency regarding the agency’s multibillion-dollar initiative to build and upgrade transmission to address evolving challenges for the region's grid.
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