December 24, 2024

Seattle City Light

Bonneville Power Administration
BPA Touts Markets+ in Response to Seattle City Light Opposition
The Bonneville Power Administration continued to argue that SPP’s Markets+ is preferable to CAISO’s EDAM, stating in a letter to Seattle City Light that potential benefits of a single West-wide market footprint must be viewed with “significant skepticism."
 © RTO Insider LLC
BPA Has not Made ‘Business Case’ for Markets+, NW Senators Say
The four U.S. senators representing Oregon and Washington contend BPA has failed to make a financial case for joining Markets+, a condition they say should be the key driver of the agency’s decision to participate in a Western day-ahead market.
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.
© RTO Insider LLC
BPA: Funding Markets+ Phase 2 Preserves Choice
The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
City of Seattle
Markets+ Leaning ‘Alarming,’ Seattle City Light Tells BPA
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
© RTO Insider LLC 
Rising Tensions Evident at BPA Day-ahead Markets Workshop
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.
E3
BPA Sticks to Markets+ Leaning Despite Study Showing EDAM Benefits

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.

© RTO Insider LLC
Western Utility CEOs Reflect on Evolving Energy Markets
Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.
The Brattle Group
Brattle Study Finds EDAM Gains, Markets+ Losses for BPA, Pacific NW
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
Entergy Arkansas
DOE Awards $430M for Hydro Maintenance
The DOE awarded grants to nearly 300 projects at hydroelectric facilities to enhance dam safety, strengthen grid resilience and improve the environment.

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