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February 7, 2025

SPP Markets+

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SPP Sets Deadline for Markets+ Funding Agreements

Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.

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Day-ahead Seams Issues Could Take Years to Resolve, BPA Staff Says
BPA would have to strike several types of agreements, many of which are complex and could take years to implement, to tackle seams that could arise if BPA joins a day-ahead market, agency staff said during a workshop.
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BPA Considers Impact of Fees in Day-ahead Market Choice
BPA could face high implementation fees and operating costs under both SPP’s Markets+ and CAISO’s EDAM, but exact amounts are in flux.
The Brattle Group
Brattle Study Shows Big Benefits for California in ‘Expanded’ EDAM
California ratepayers would save millions more in a CAISO Extended Day-Ahead Market encompassing nearly all the West than in one that includes only those utilities likely to join the market, according to a new Brattle Group study.
Shutterstock
El Paso Electric to Join SPP’s Markets+ in 2028
El Paso Electric says it will join SPP’s regional day-ahead Markets+ service offering in a “strategic move … tailored” to meet expected customer load growth and evolving needs.
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Ariz. Commissioner Questions Utility Decisions to Join SPP’s Markets+
Arizona Corporation Commissioner Kevin Thompson said he thinks his state’s four major utilities may have erred in committing to joining SPP’s Markets+ instead of CAISO’s Extended Day-Ahead Market.
TCF Architecture
Chelan PUD Commits to SPP Markets+ Phase 2 Funding
Markets+ notched another in a string of successes when the Chelan County Public Utility District in Washington said it will pay its $1 million to $2 million share of funding for the market’s Phase 2 implementation stage.
CAISO
FERC Approves CAISO’s SWIP-North Development Agreement
FERC approved an agreement between CAISO and LS Power to develop a transmission line that would deliver Idaho wind power into California and could help secure Idaho Power’s participation in the ISO’s Extended Day-Ahead-Market.
WER Architects Planners
SPP Markets+ Tariff a ‘Home Run’, Staff Says
FERC approved SPP’s tariff for Markets+ with minor modifications in what the RTO’s staff described as a “home run” during the Markets+ Participant Executive Committee’s meeting.
Powerex
Powerex Commits to Funding, Joining SPP’s Markets+
Powerex says it will fund the next phase of SPP’s Markets+ and “re-affirmed” its commitment to joining the Western real-time and day-ahead offering.

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