April 17, 2024

Tacoma Power

26 Western Entities Signal Continued Support for Markets+
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market. 
© RTO Insider LLC
FERC Waives Nearly $2M in CAISO Data Reporting Penalties
FERC granted complaints by five utilities against CAISO, nullifying nearly $2 million in penalties for incorrect meter data reporting. 
WEIM Sees Record Q1 Benefits with Growth of Footprint
CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.
Puget Sound Energy
Wash. Sabotage Suspect Pleads Guilty
One of two men charged with attacking electric substations in Washington state over the Christmas holiday has pleaded guilty to conspiracy charges.
Puget Sound Energy
Feds Charge Two in Wash. Substation Sabotage
Two men were accused of damaging four electric substations in Washington — leaving thousands without power on Christmas — as a cover for a burglary plot.
© RTO Insider LLC
Western RA Program Secures First ‘Binding’ Phase Participants
Nearly a dozen utilities committed to joining the “binding” iteration of the Western Resource Adequacy Program, with more expected to sign on later this month.
SPP’s Markets+ Offering Attracts 6 More Western Entities
Seven Western entities have now expressed support for participating in the next phase of SPP's market development in the Western Interconnection.
Bonneville Power Administration
BPA Customers Support Effort to Weigh CAISO, SPP Market Options
SPP’s plan to develop a market to compete with CAISO's Western EIM got a boost from utilities and energy customers in the Pacific Northwest.
Western EIM Tops $2B in Benefits
CAISO's Western Energy Imbalance Market surpassed $2 billion in total member benefits only 20 months after hitting the $1 billion mark in 2020.
© RTO Insider LLC
BPA Set to Go Live in Western EIM in May
The Bonneville Power Administration is on target to enter the Western EIM in early May after executives made a final determination on its market readiness.

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