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December 5, 2025

Powerex Corp.

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Panelists: U.S., Canada Bound by Interties, Mutual Interests Despite Tariff Rift
The longstanding links between U.S. and Canadian electricity grid operators won’t be easily fractured by the  tariff-driven political rift between D.C., and Ottawa, industry participants on both sides of the border say.
New Mexico Renewable Energy Transmission Authority
WRAP Day-Ahead Market Task Force Looks to Future After Commitments, Withdrawals
The Western Resource Adequacy Program Day-Ahead Market Task Force held its first meeting after the program’s binding decision deadline, with members exploring how the new participant footprint will impact transmission connectivity and other issues.
Seattle City Light
WRAP Wins Commitments from 16 Entities

Sixteen entities have committed to participating in the Western Resource Adequacy Program’s first financially “binding” season covering winter 2027/28, the Western Power Pool said.

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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.
Shutterstock
CAISO’s EDAM Scores Simultaneous Wins at FERC

CAISO’s EDAM clinched a set of wins when FERC approved the market’s revised congestion revenue allocation model and authorized participation for the EDAM’s first two members — PacifiCorp and Portland General Electric.

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SPP, Stakeholders Kick off Markets+ Phase 2 Development
The development of SPP's Markets+ has picked up the pace with stakeholders agreeing on an interim governance structure and representation on the working groups that will handle much of the effort ahead.
CAISO
WEIM Q2 Benefits Exceed $420M, as Total Tops $7.4B
CAISO’s Western Energy Imbalance Market provided participants with $422.44 million in economic benefits during the second quarter of 2025, up 15% compared with the same period year earlier despite no change in membership. 
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WRAP Task Force Explores Optimization Under Day-ahead Markets
A new task force will examine how the WPP’s WRAP can continue to operate efficiently under the new multimarket environment emerging in the West.
SPP
SPP Launches Markets+ Phase 2 With $150M Secured
SPP secured $150 million in financing and entered the second phase of development for its day-ahead market Markets+, the grid operator announced.
Quanta Infrastructure Solutions Group
New CAISO-Powerex Dispute Centers on ‘Voluntary’ Nature of EDAM
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.

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