SPP Markets+ State Committee (MSC)
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.
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.
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.
Western regulators on the Markets+ State Committee probed an SPP Market Monitoring Unit official on how the department plans to address implementation of the new 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.”
The integration of Markets+ with the Western Resource Adequacy Program would be among a handful of key reliability benefits of SPP’s Western day-ahead offering, according to an “issue alert” published by 10 entities that backed development of the market.
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.
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