Bonneville Power Administration (BPA)
BPA hit all its reliability goals in fiscal year 2024 despite massive wildfires, peak load records and public safety power shutoffs, according to agency staff.
Portland General Electric’s rate hikes largely stem from increased wholesale power market costs, the utility wrote after Sen. Ron Wyden voiced concern that Oregon customers are struggling to pay their electricity bills.
The joint announcement by APS, SRP, TEP and UniSource Energy marks a significant win for SPP after a string of victories for CAISO’s competing Extended Day-Ahead Market.
The Pathways Initiative drew praise from many quarters with the vote to approve its “Step 2” proposal, but it was quickly apparent the development will do little to sway Markets+ supporters.
CAISO will be inherently compromised in its role as an operator of a deeper Western market because of its conflicting responsibilities as BA within that market, a group of entities that support SPP’s Markets+ argue in their latest “issue alert.”
The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
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.
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.
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.
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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