Powerex Corp.
The development of SPP's Markets+ has picked up the pace with stakeholders agreeing on an interim governance structure and representation on the working groups that will handle much of the effort ahead.
CAISO’s Western Energy Imbalance Market provided participants with $422.44 million in economic benefits during the second quarter of 2025, up 15% compared with the same period year earlier despite no change in membership.
A new task force will examine how the WPP’s WRAP can continue to operate efficiently under the new multimarket environment emerging in the West.
SPP secured $150 million in financing and entered the second phase of development for its day-ahead market Markets+, the grid operator announced.
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.
CAISO's Board of Governors and the Western Energy Markets Governing Body approved a new method for allocating certain congestion revenues in the ISO's Extended Day-Ahead Market, set to launch in 2026
Bonneville's final record of decision will come as little surprise to those who’ve been following market developments in the West.
FERC’s approval of SPP’s Markets+ funding agreement and its recovery mechanism came as backers of the Western centralized day-ahead market were meeting with the snow-capped Rockies as a backdrop.
SPP has appointed Jim Gonzalez as its new senior director of seams and Western services, in what will be a highly visible position in the RTO as it continues to develop Markets+ ahead of its expected launch in 2027.
CAISO released a draft final proposal detailing how EDAM will allocate congestion revenues in circumstances when a transmission constraint in one BAA produces “parallel” flows in a neighboring BAA also participating in the market.
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