February 22, 2025

Salt River Project (SRP)

© RTO Insider LLC
SPP Sets Deadline for Markets+ Funding Agreements

Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.

Shutterstock
Arizona Electric Utilities Team Up to Pursue Nuclear
Arizona Public Service, Salt River Project and Tucson Electric Power announced they are jointly exploring the possibility of adding nuclear generation. 
© RTO Insider LLC
Ariz. Commissioner Questions Utility Decisions to Join SPP’s Markets+
Arizona Corporation Commissioner Kevin Thompson said he thinks his state’s four major utilities may have erred in committing to joining SPP’s Markets+ instead of CAISO’s Extended Day-Ahead Market.
Powerex
Powerex Commits to Funding, Joining SPP’s Markets+
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.
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.
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.”

PNM Resources
PNM Picks CAISO’s EDAM

The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.

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.

APS
Ariz. Utilities Required to Report on Day-ahead Market Activities
When Arizona utilities file their next integrated resource plans, they’ll be required to include an analysis of cost savings and other benefits they could realize from Western regional market participation.
The Brattle Group
Markets+ ‘Equitable’ Solution to Seams Issues, Backers Say
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution to tackling market seams than under CAISO’s EDAM.

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