January 17, 2025

Powerex Corp.

CAISO
WEIM Q3 Prices Down Despite Increased Loads, CAISO DMM Finds
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
© RTO Insider LLC
Benefits of Fast-start Pricing Questionable, CAISO DMM Says
Establishing a fast-start pricing mechanism in CAISO and the WEIM is complex and brings few benefits compared to other potential market enhancements, the ISO's Department of Market Monitoring said.
LADWP
LADWP Gets Board’s OK to Join CAISO’s EDAM
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
Salt River Project
4 Arizona Utilities Commit to Joining Markets+
The joint announcement by APS, SRP, TEP and UniSource Energy marks a significant win for SPP after a string of victories for CAISO’s competing Extended Day-Ahead Market.
Powerex
Powerex to Cancel Rights on PacifiCorp Tx System over EDAM Changes
Powerex intends to terminate a large portion of its rights on PacifiCorp’s transmission system in response to the utility’s plans to update its transmission tariff to align with CAISO’s EDAM.
Markets+ Joint Authors using CAISO data
Markets+ ‘Alert’ Covers CAISO’s Dual Roles as Market Operator, BA

CAISO will be inherently compromised in its role as an operator of a deeper Western market because of its conflicting responsibilities as BA within that market, a group of entities that support SPP’s Markets+ argue in their latest “issue alert.”

Camano Island Chamber of Commerce
5th ‘Alert’ Touts Markets+ Support for Clean Resources, GHG Policy

Markets+ proponents argue that the SPP framework allows more flexibility for integrating greenhouse gas emission reduction programs across various states than CAISO’s EDAM.

Powerex
Powerex Contests Brattle’s EDAM/Markets+ Comparative Study
The study comparing key features of CAISO’s EDAM and SPP’s Markets+ contains “several material misstatements of facts” and overlooks evidence “directly contrary to its conclusions,” Powerex contends.
PacifiCorp
Brattle Study Likely to Fuel Debate over EDAM, Markets+

The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.

CAISO
CAISO Seeks to Dispel CRR ‘Myths’ Around January Cold Snap
CAISO focused on CRRs when it served up the latest volley in the ongoing dispute over what played out on the Western grid during the January cold snap that forced Northwest utilities to import high volumes of energy to avoid blackouts.

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