Western Resource Adequacy Program (WRAP)
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 Markets+ stakeholders kicked off the development phase of a proposed “RTO-light” service in the West, heating up the race with CAISO.
Public Service Co. of New Mexico joined the Western Power Pool's Western Resource Adequacy Program, bringing the number of participants to 22.
CEO Sarah Edmonds would like to see the WRAP become “binding” on its participants as soon as possible, but making that transition could still be years away.
The Energy Bar Association Western Chapter heard panelists and CAISO's CEO discuss rapidly evolving efforts to organize markets and an RA program in the West.
FERC approved the tariff for the Western Power Pool's Western Resource Adequacy Program, allowing the binding phase of the program to commence in 2025.
A key California lawmaker introduced a bill to allow CAISO to become a Western RTO by expanding its governance to include representatives from other states.
A new legislative push for multi-state CAISO governance and the ISO's drive to add an extended day ahead market top this year's agenda.
SPP continues to make a misnomer out of the "Southwest" portion of its name, expanding its beachhead in the Western Interconnection along several fronts.
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.
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