Energy Market
The RTO said it has received signed Phase 2 funding agreements from eight interested participants in its proposed day-ahead service offering — including the Bonneville Power Administration.
Tacoma Power has signed an agreement to join SPP’s Markets+, making the Washington utility the second Pacific Northwest entity to commit to participating in the market in the past month.
The new paper from Powerex is likely to reignite the debate between supporters of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ just as the competition between the two markets approach critical junctures.
With go-live dates for its first two participants looming in May and October of next year, implementation activities for CAISO’s EDAM are ramping up.
A workshop on the West-Wide Governance Pathways Initiative has sparked praise for the proposal as well as concerns, including uneasiness over plans to share staffing between CAISO and a new regional organization that would govern Western electricity markets.
PJM’s Market Implementation Committee narrowly endorsed a PJM proposal to use ELCC to model the availability of demand response resources in all hours, along with other changes to how DR accreditation is determined.
Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.
A North American trade war was delayed for a month at least as Canada and Mexico struck deals with President Trump that delayed potential tariffs for a month.
NYISO CEO Rich Dewey opened the Management Committee meeting with a congratulations on getting through 2024 before looking ahead to the rest of 2025.
CAISO's Western Energy Imbalance Market provided participants $374.25 million in benefits during the fourth quarter of 2024, down about 4% from the same period a year earlier, according to an ISO report.
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