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Powerex says it will fund the next phase of SPP’s Markets+ and “re-affirmed” its commitment to joining the Western real-time and day-ahead offering.
SPP reached a key milepost in its Western efforts when FERC conditionally approved its tariff for Markets+, a highly anticipated decision likely to ramp up the competition with CAISO’s Extended Day-Ahead Market.
The California Energy Commission will hold a workshop to discuss the West-Wide Governance Pathways Initiative, signaling the state may consider a proposal to alter CAISO’s governance structure to accommodate broader concerns about the ISO’s lack of independence from politics.
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
The rapidly spreading brush fires that have devastated multiple communities around Los Angeles are not expected to affect California’s broader transmission grid, CAISO said.
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