Bonneville Power Administration (BPA)
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
Bonneville's final record of decision will come as little surprise to those who’ve been following market developments in the West.
Following BPA’s pause on certain transmission planning processes, the agency’s customers say it might be time to consider creating a regional transmission organization or imposing stricter requirements to tackle the “exponential growth” of transmission service requests.
Energy Secretary Chris Wright testified about the Trump administration's budget request and took flak mostly from Democrats on his department's review of previously authorized spending.
FERC’s approval of SPP’s Markets+ funding agreement and its recovery mechanism came as backers of the Western centralized day-ahead market were meeting with the snow-capped Rockies as a backdrop.
FERC approved SPP’s $150 million funding agreement for Markets+ and the funding mechanisms under which the RTO will finance the implementation phase of the market’s development.
SPP has appointed Jim Gonzalez as its new senior director of seams and Western services, in what will be a highly visible position in the RTO as it continues to develop Markets+ ahead of its expected launch in 2027.
CAISO released a draft final proposal detailing how EDAM will allocate congestion revenues in circumstances when a transmission constraint in one BAA produces “parallel” flows in a neighboring BAA also participating in the market.
The Northwest faces “above normal significant wildland fire potential” in July 2025, and the Bonneville Power Administration is taking steps to enhance mitigation efforts.
Operators of the Columbia Generating Station are seeking an extended power uprate for the facility, which is the Northwest’s only commercial nuclear power plant and a supplier of electricity to the Bonneville Power Administration.
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