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.
FERC rejected a request by four Western utilities to rehear its approval of the “transmission contributors” option in the SPP Markets+ tariff but provided the utilities clarification on the boundaries of that provision.
The study, conducted by Aurora Energy Research, found EDAM could provide the Denver-based utility $11.2 million more in average annual savings from 2028 to 2040 compared with Markets+, rising to $13.2 million through 2060.
A California bill to implement the West Wide Governance Pathways Initiative’s Step 2 proposal is headed to the floor of the state Senate after being approved by the body’s Appropriations Committee.
SPP is preparing participants for the next phase of Markets+ development, when stakeholders will build the day-ahead market's systems, processes and procedures.
BPA will not see further staffing cuts, CEO John Hairston said during the agency’s quarterly business review, adding that he hopes to strengthen the workforce when the government lifts federal hiring freezes.
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
In the competition between two Western day-ahead markets — CAISO’s EDAM and SPP’s Markets+ — the two market operators have “sort of played off one another,” an industry observer said during a panel.
