State regulators approved an accounting order for Public Service Company of New Mexico’s participation in CAISO’s Extended Day-Ahead Market, in a case that rekindled the debate over which day-ahead market PNM should choose.
Four Western utility executives participating in an Energy Bar Association webinar presented their reasoning for why they ultimately chose either SPP’s Markets+ or CAISO’s EDAM, with some eyeing the creation of a full regional transmission organization in the future.
PNM will provide $175 million in benefits to customers and New Mexico as part of Blackstone Infrastructure’s acquisition of its parent company, TXNM Energy.
As large swaths of the West continue to explore ways to mitigate wildfire risk, utilities say information sharing and new technologies allow them to implement targeted public safety power shutoffs.
With data centers contributing to surging load growth, a new report suggests that more Western utilities should adopt clean transition tariffs or even make the tariffs mandatory for certain large customers.
Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.
The formation of two competing day-ahead markets will create seams across the West, but at least one utility representative is more worried about seams resulting from the fracture of CAISO’s real-time Western Energy Imbalance Market.
A recent study that contributed to El Paso Electric’s decision to join SPP’s Markets+ rather than CAISO’s Extended Day-Ahead Market has raised questions among New Mexico regulators.
A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.