ER24-1658
FERC rejected a request by four Western utilities to rehear its approval of the “transmission contributors” option in the SPP Markets+ tariff but provided the utilities clarification on the boundaries of that provision.
FERC has accepted SPP’s proposed compliance revisions to its Markets+ tariff that clarify five minor issues.
Arizona regulator Nick Myers, chair of the Markets+ State Committee, is drafting a document as part of SPP's compliance filing that better explains the role Western state commissioners will play in the day-ahead market's development and operations.
SPP reached a key milepost in its Western efforts when FERC conditionally approved its tariff for Markets+, a highly anticipated decision likely to ramp up the competition with CAISO’s Extended Day-Ahead Market.
Three independent SPP board members providing oversight of the RTO’s Markets+ development in the West have called for policy- and decision-makers to allow the process to “follow its natural course.”
SPP assuaged potential Markets+ participants that FERC's deficiency filing and other recent developments have not hindered its commitment to Western expansion.
SPP’s Markets+ hit a snag after FERC issued a deficiency letter outlining 16 problems the RTO must address in the tariff it filed for the proposed Western day-ahead market in March.
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