Powerex Corp.
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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.
Powerex
The new paper from Powerex is likely to reignite the debate between supporters of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ just as the competition between the two markets approach critical junctures.
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Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.
Hydro-Québec
As the Trump administration forged last-minute agreements with Canada and Mexico to postpone steep new tariffs, the energy industry fretted about potential fallout for cross-border supply chains and wholesale electricity markets.
CAISO
CAISO's Western Energy Imbalance Market provided participants $374.25 million in benefits during the fourth quarter of 2024, down about 4% from the same period a year earlier, according to an ISO report.
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BPA would have to strike several types of agreements, many of which are complex and could take years to implement, to tackle seams that could arise if BPA joins a day-ahead market, agency staff said during a workshop.
The Brattle Group
California ratepayers would save millions more in a CAISO Extended Day-Ahead Market encompassing nearly all the West than in one that includes only those utilities likely to join the market, according to a new Brattle Group study.
TCF Architecture
Markets+ notched another in a string of successes when the Chelan County Public Utility District in Washington said it will pay its $1 million to $2 million share of funding for the market’s Phase 2 implementation stage.
Powerex
Powerex says it will fund the next phase of SPP’s Markets+ and “re-affirmed” its commitment to joining the Western real-time and day-ahead offering.
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