Markets+
El Paso Electric
A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.
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SPP named Carrie Simpson, a key figure in its expansion efforts in the Western Interconnection, as its vice president of markets, effective April 1, replacing incoming COO Antoine Lucas.
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The Bonneville Power Administration announced it intends to join SPP’s Markets+, saying in its draft policy that the day-ahead market “is the best long-term strategic direction for Bonneville, its customers and the Northwest.”
Camano Island Chamber of Commerce
Proponents of SPP’s Markets+ argued in their last “issue alert” that the day-ahead market option provides a robust footprint with “exceptional generation and load diversity” across the region while also claiming recent warnings about its seam with CAISO’s EDAM are overblown.
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Former BPA Administrators collaborated on a public letter distributed in the Pacific Northwest about the “tremendous risk being created” in the region by workforce reductions at the federal agency.
U.S. Army Corps of Engineers
BPA will be on the hook for nearly $27 million in funding for the next phase of SPP’s Markets+ — and potentially more depending on the market’s final footprint, according to a document SPP filed with FERC.
SPP
Public Service Company of Colorado asked the Colorado Public Utilities Commission for permission to join SPP’s Markets+.
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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 Public Utilities
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.
© RTO Insider LLC
Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.
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