Markets+
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution to tackling market seams than under CAISO’s EDAM.
The Bonneville Power Administration plans to contribute its full share of funding for Phase 2 of SPP’s Markets+, an executive with the federal power agency has said.
CAISO’s adoption of the Pathways Initiative’s “Step 1” changes won't overcome BPA’s objections to the governance of the ISO’s EDAM, Administrator John Hairston told U.S. senators from the Pacific Northwest.
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
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