SPP Markets+ Participants Executive Committee (MPEC)
SPP
The panel of SPP board members overseeing the development of Markets+ has approved the governance transition plan for the construction phase of the day-ahead market.
© RTO Insider
Markets+ stakeholders will have little opportunity to ease up in coming months despite a wave of favorable developments for the market.
SPP
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.
© RTO Insider
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.
© RTO Insider LLC
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.”
© RTO Insider LLC
SPP assuaged potential Markets+ participants that FERC's deficiency filing and other recent developments have not hindered its commitment to Western expansion.
SPP
Potential participants in SPP’s Markets+ day-ahead offering have endorsed another batch of tariff revisions in preparation for a March filing at FERC.
© RTO Insider LLC
Stakeholders have discussed the likelihood that there may be two day-ahead markets in the West, CAISO’s Extended Day-ahead Market and SPP’s Markets+ and/or RTO West.
SPP
SPP met a major milestone in its Western efforts as a Markets+ committee approved the day-ahead market’s proposed governing document.
© RTO Insider LLC
Potential SPP Markets+ participants democratically endorsed the first pieces of the day-ahead market’s tariff, acquiring a taste of the grid operator’s stakeholder process at the same time.
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