A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.
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.
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 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.
Stakeholder comments filed with the West-Wide Governance Pathways Initiative illustrate the complexity of building the new kind of Western regional organization envisioned by backers of the effort.
The Bonneville Power Administration will delay its Western day-ahead market choice beyond a scheduled Aug. 29 announcement date and likely will extend the decision-making process into 2025, according to multiple sources.
Fast-start pricing could fix certain “price anomalies” in CAISO markets more effectively than existing mechanisms for compensating ramping resources, the WEIM Governing Body’s market expert told the group.
A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.
The 80-page report represents the latest volley in an ongoing skirmish among Western electricity sector stakeholders over what exactly occurred on the regional grid during the Jan. 12-16 deep freeze.
