April 21, 2024

Tucson Electric Power (TEP)

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. 
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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. 
Tug-of-war Developing over Ariz. Clean Energy Rules
As state regulators begin a process to repeal renewable energy and energy efficiency standards for electric utilities, a group of lawmakers want the regulators to reconsider clean energy rules they previously rejected.
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.
SPP Moving Quickly on Markets+’s Development
SPP has executed funding agreements with eight Western Interconnection entities for the first phase of its Markets+ market, accelerating its development.
Nikola Corp.
Supporters See Strong Potential in SW Hydrogen Hub
Energy leaders in Arizona and Nevada have partnered on a clean hydrogen hub proposal that supporters say has many of the right pieces to win federal funding.
WestConnect Tx Cost Allocation Plan Rejected by FERC
FERC rejected a proposed settlement intended to resolve a longstanding dispute over how to implement Order 1000 in the WestConnect planning region.
© RTO Insider LLC
Ariz. Regulators Probe CAISO on EDAM, Heat Wave Operations
Arizona utility commissioners said they wanted to see more independent governance for CAISO before further committing to the WEIM.
Arizona Corporation Commission
4 Arizona Entities Commit to Developing SPP’s Markets+
Four Arizona entities have joined seven Pacific Northwest entities to support the next phase of SPP’s Markets+ development.
© RTO Insider LLC
BPA, Tucson Electric Power Enter Western EIM
The Western EIM took on BPA and Tucson Electric Power as new participants, marking the market’s largest single expansion since its founding.

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