SPP Markets+
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
SPP's western stakeholders have endorsed large chunks of tariff language that define how the day-ahead Markets+ will handle market transmission use, congestion management, transmission capacity obligations, market manipulation, and confidentiality.
SPP’s membership has elected Stuart Solomon and Irene Dimitry to three-year terms on its independent Board of Directors.
Many at the joint conference focused on the eventual result of the contest between CAISO's Extended Day-Ahead Market and SPP's Markets+ to organize the West's electricity market.
Electricity sector stakeholders expressed divisions over BPA's plan to pursue an aggressive timeline for deciding whether to join CAISO’s EDAM or SPP’s Markets+.
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.
State regulators have launched a process to develop “guiding principles” regarding participation in a regional day-ahead market or RTO.
Utility regulators from Oregon and California discussed their proposal for a new independent RTO covering the entire West for the first time publicly.
California Assemblymember Chris Holden said he will hold a bill that could eventually turn CAISO into an RTO while he tries to overcome opposition.
Western state regulators unanimously approved a revised charter for the Markets+ State Committee allowing additional states and Canadian provinces to join.
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