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April 28, 2025

SPP Markets+

© RTO Insider
SPP MPEC Members Celebrate Markets+ Funding Order
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.
SPP
FERC Approves SPP’s Funding Plans for Markets+
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.
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SPP Appoints New Director of Seams and Western Services

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.

Basin Electric Power Cooperative
FERC OKs Final SPP Markets+ Compliance Filing
FERC has accepted SPP’s proposed compliance revisions to its Markets+ tariff that clarify five minor issues.
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BPA Flooded with Comments on Draft Day-ahead Market Decision
The Bonneville Power Administration elicited nearly 150 comments in response to the draft policy outlining its decision to join SPP’s Markets+ rather than CAISO’s Extended Day-Ahead Market.
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FERC Leaders Focused on Stability amid Political Shifts
FERC Chair Mark Christie and Commissioner Judy Chang downplayed the current political environment’s impact on the agency, saying the commission’s role is to follow the law and ensure the fairness of procedures.
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EDAM Congestion Debate Builds Even as CAISO Moves to Address Issue
The dispute over how CAISO’s Extended Day-Ahead Market will allocate congestion revenues to market participants continues, even as the ISO moves to address stakeholder concerns.
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CAISO CEO, Others Point to Reliability Aspect of BPA’s Market Decision
BPA's day-ahead market decision will have “major reliability and affordability impacts” on electricity customers in the Northwest and across the West, CAISO CEO Elliot Mainzer told the ISO’s Board of Governors
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WEIM Experience, Reliability Benefit Drove EDAM Decision, BANC Says
For the Balancing Authority of Northern California, a positive experience with CAISO’s Western Energy Imbalance Market was a key factor in the decision to also join the ISO’s Extended Day-Ahead Market.
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BPA Workshop Leaves Little Room to Probe Markets+ Decision
The Bonneville Power Administration’s first day-ahead markets workshop since issuing the draft policy stating its intention to join SPP’s Markets+ left little opportunity for critics to probe agency officials about the decision.

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