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.

FERC has accepted SPP’s proposed compliance revisions to its Markets+ tariff that clarify five minor issues.

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.

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.

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

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.