January 28, 2025

Markets

TCF Architecture
Chelan PUD Commits to SPP Markets+ Phase 2 Funding
Markets+ notched another in a string of successes when the Chelan County Public Utility District in Washington said it will pay its $1 million to $2 million share of funding for the market’s Phase 2 implementation stage.
WER Architects Planners
SPP Markets+ Tariff a ‘Home Run’, Staff Says
FERC approved SPP’s tariff for Markets+ with minor modifications in what the RTO’s staff described as a “home run” during the Markets+ Participant Executive Committee’s meeting.
Powerex
Powerex Commits to Funding, Joining SPP’s Markets+
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
SPP MOPC Briefs: Jan. 15, 2025

The SPP Markets and Operations Policy Committee has approved tariff revisions that would implement dispatchable transactions in the real-time energy market.

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President Trump Names Mark Christie as FERC Chair
President Donald Trump, who appointed Mark Christie to FERC in 2020 during his first term, has now selected him as the commission's new chair.
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NECA Conference Previews the Future of Markets in the Northeast
Managing the often-at-odds priorities of affordability, reliability, and decarbonization will require a delicate balance of innovation, market reforms, and stability, industry experts said at the Northeast Energy and Commerce Association’s Power Markets Conference.
PJM
PJM MRC/MC Preview: Jan. 23, 2025
Among other actions, the PJM Markets and Reliability Committee and the Members Committee will consider endorsing various manual revisions.
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MISO Ponders Redistributing LSEs’ MW Obligations Based on Demand During Risky Periods
MISO hopes to mete out different reserve margin obligations to its load-serving entities as it sees bigger perils on the horizon.
SPP
SPP Markets+ Tariff Wins FERC Approval

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.

Shutterstock
FERC Permits 2030 Finish Date for MISO Order 2222 Compliance
FERC accepted MISO’s second try at Order 2222 compliance, allowing MISO time to prepare through mid-2029 before it fully accepts aggregators of distributed energy resources into its markets in 2030.

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