February 24, 2025

El Paso Electric (EPE)

© RTO Insider LLC
SPP Sets Deadline for Markets+ Funding Agreements

Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.

Shutterstock
El Paso Electric to Join SPP’s Markets+ in 2028
El Paso Electric says it will join SPP’s regional day-ahead Markets+ service offering in a “strategic move … tailored” to meet expected customer load growth and evolving needs.
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NM PRC Issues ‘Guiding Principles’ for Electricity Market Participation
The Public Regulation Commission voted 3-0 to adopt the guiding principles which emphasize customer benefits, transparency, stakeholder involvement and tracking of greenhouse gas emissions.
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Customer Benefits Must Drive Market Decisions, NM Commissioner Says
Utilities should put customer benefits first when deciding on which Western day-ahead electricity market to join, New Mexico Commissioner Gabriel Aguilera said.
Energy Strategies
FERC Reverses Decision on WestConnect Cost Allocation

Responding to an appellate court’s concerns about free ridership, FERC reversed a decision that allowed the WestConnect transmission planning region to include a category of participants not subject to binding cost allocation.

The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
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.
Cal Fire
Wildfire Prompts CAISO’s 1st Transmission Emergency of Summer
CAISO declared its first transmission emergency of the summer as a fast-spreading Northern California fire forced PG&E to de-energize transmission lines near one of the state’s key hydroelectric facilities.
© RTO Insider LLC
New Mexico Plots Next Steps for Day-ahead Market Decisions
As a next step in deciding which of two competing Western day-ahead markets to join, two of the state's utilities are commissioning a study of transfer capability under different market scenarios.
XTO Energy
ERCOT, PUC Face Huge Tx Needs in Permian
ERCOT told Texas regulators its initial reliability study of the Permian Basin indicates “substantial amounts” of transmission projects will be needed to meet its projected load by 2038.
CAISO
NM Utilities to Pursue More Analysis Before Day-ahead Decision
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.

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