John Hairston
The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
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.
The Bonneville Power Administration will delay its decision on choosing between SPP’s Markets+ and CAISO’s Extended Day-Ahead Market until May 2025.
The stars may not yet have aligned for CAISO in the contest to bring an organized electricity market to the West, but key industry players appeared to be doing just that at an ISO event to celebrate the progress of its Extended Day-Ahead Market.
CAISO scored a potentially important victory when the Balancing Authority of Northern California said it will pursue membership in the ISO’s Extended Day-Ahead Market — and not SPP’s Markets+.
The Bonneville Power Administration said it would keep its power and transmission rates flat for the next two years, even as it pursues a $2 billion grid modernization effort.
BPA proposed to hold its rates mostly flat over its next two-year rate cycle — and said it might cut rates this year — thanks to surging revenues.
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