PacifiCorp
NV Energy intends to join CAISO’s Extended Day-Ahead Market, an official with the utility said, notching a major win for the ISO in its competition with SPP’s Markets+ day-ahead offering in the West.
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
FERC rejected PacifiCorp’s request to include in its Open Access Transmission Tariff the interest it pays when refunding advance payments such as interconnection study deposits.
CAISO’s first-quarter benefits report offers another footnote to the debate over the market’s role in the response to the January deep freeze that brought parts of the Northwest to the brink of rolling blackouts.
Although PacifiCorp formally committed to joining CAISO’s Extended Day-Ahead Market, the utility is still voicing concerns about a competing day-ahead market, SPP’s Markets+, in a FERC filing.
Backers of the West-Wide Governance Pathways Initiative say they want to move quickly on first part of their proposed plan to shift CAISO’s governance to an independent entity.
PacifiCorp said it will sign an implementation agreement to join CAISO’s EDAM, making it the first entity to formally commit to either of the two day-ahead markets being offered in the West.
CAISO scored simultaneous victories in heavily contested territory after Portland General Electric and Idaho Power both signaled their intent to join the Extended Day-Ahead Market.
The West-Wide Governance Pathways Initiative has secured commitments of financial support from 24 utilities and other electricity-sector organizations and expects that list to grow.
A dispute around the January cold snap that forced Northwest utilities to sharply increase electricity imports to meet surging demand has become a proxy for the broader day-ahead market contest between CAISO and SPP.
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