New Mexico Public Regulation Commission (NM PRC)
Arizona Corporation Commissioner Kevin Thompson said he thinks his state’s four major utilities may have erred in committing to joining SPP’s Markets+ instead of CAISO’s Extended Day-Ahead Market.
The Pathways Initiative drew praise from many quarters with the vote to approve its “Step 2” proposal, but it was quickly apparent the development will do little to sway Markets+ supporters.
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.
Utilities should put customer benefits first when deciding on which Western day-ahead electricity market to join, New Mexico Commissioner Gabriel Aguilera said.
Western regulators on the Markets+ State Committee probed an SPP Market Monitoring Unit official on how the department plans to address implementation of the new day-ahead market.
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
A proposed update to WECC’s long-term strategy has sparked a debate over whether the organization should describe itself as “The Voice of Reliability in the West.”
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.
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.
Utility staff charged with managing real-time operations will be equipped to deal with the seams between two Western day-ahead markets, but the situation will be far from ideal, Western state energy officials heard at the CREPC-WIRAB spring conference.
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