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October 4, 2024

Western Resource Adequacy Program (WRAP)

Western Power Pool
WPP Board Approves WRAP Transition Plan Changes
The Western Power Pool’s Board of Directors has approved changes to the Western Resource Adequacy Program’s transition plan that include postponing the program’s “binding” phase by one year and reducing penalties for participants who come up short on RA.
Western Power Pool
WRAP Members Vote to Delay ‘Binding’ Phase to Summer 2027
The Western Resource Adequacy Program’s key stakeholder body approved a plan that would postpone the start of its penalty phase by one year, to summer 2027.
SPP
FERC Finds SPP Markets+ Tariff ‘Deficient’ in Several Areas
SPP’s Markets+ hit a snag after FERC issued a deficiency letter outlining 16 problems the RTO must address in the tariff it filed for the proposed Western day-ahead market in March.
Western Power Pool
FERC Allows Berkshire Utilities to Earn Market-based Rates in WRAP
FERC approved tariff revisions by Berkshire Hathaway Energy subsidiaries PacifiCorp, Nevada Power and Sierra Pacific Power that will enable the utilities to earn market-based rates when participating in the WRAP.
Western Powerpool
WRAP ‘Binding’ Phase Delay Finds Stakeholder Support

Members of a key WRAP stakeholder group have expressed support for the recent move by participants to delay the program’s “binding” penalty phase by one year, to summer 2027.

© RTO Insider LLC
Participants ‘Unwaveringly Committed’ to WRAP, WPP CEO Says
Western Resource Adequacy Program participants still strongly support the program despite recently appealing to delay its “binding” penalty phase by one year due to concerns about capacity shortages, WPP's Sarah Edmonds said.
Western Power Pool
WRAP Participants Seek 1-Year Delay to ‘Binding’ Operations
Citing “significant new headwinds” to securing energy resources, participants in the Western Resource Adequacy Program are seeking to delay the program’s “binding” penalty phase by one year, to summer 2027.
Powerex
Powerex Report Expands NW Cold Snap Debate

A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.

Ken Lund CC-BY-SA-2.0 via Wikipedia Commons
NV Energy OK’d for Coal Plant Conversion, Solar+Storage Project
Nevada regulators approved NV Energy’s plan to convert its last coal-fired power plant to natural gas, while also allowing the company to move forward with a $1.5 billion, 400-MW solar-plus-storage project.
WPP
WPP: Cold Snap Showed ‘Tipping Point’ for Northwest Reliability
Imports from the Southwest and Rockies helped the Northwest survive January’s cold, showing the region’s reliability is at a “tipping point,” WPP said.

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