February 22, 2025

SPP Markets+

Bonneville Power Administration
2 Top BPA Execs to Depart Following Trump Resignation Offer
The resignations of COO Joel Cook and Senior Vice President of Transmission Richard Shaheen are the latest in a series of unsettling developments at the federal power agency.
NW Energy Coalition
Brevity Should be Key for Pathways ‘Step 2’ Bill, Supporters Say
The deadline to submit bills for California’s 2025 session is looming, and backers of the West-Wide Governance Pathways Initiative expect legislation without unnecessary fluff that will change CAISO’s governance structure and allow a new regional organization to oversee Western energy markets.
© RTO Insider LLC
SPP Secures Funding to Begin Markets+ Phase 2
The RTO said it has received signed Phase 2 funding agreements from eight interested participants in its proposed day-ahead service offering — including the Bonneville Power Administration.
Tacoma Public Utilities
Tacoma Power to Join SPP’s Markets+
Tacoma Power has signed an agreement to join SPP’s Markets+, making the Washington utility the second Pacific Northwest entity to commit to participating in the market in the past month.
Powerex
Powerex Paper Sparks Dispute over EDAM ‘Design Flaw’
The new paper from Powerex is likely to reignite the debate between supporters of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ just as the competition between the two markets approach critical junctures.
BPA
BPA Committed to Trump’s Energy Goals, Hairston Says
BPA CEO John Hairston said the agency is committed to President Donald Trump’s goal to “unleash American energy dominance,” while also revealing that about 200 staff have accepted the president’s deferred resignation offer.
Wyoming Business Council
Pathways ‘Step 2’ Plan Elicits Praise, Concerns — and Advice
A workshop on the West-Wide Governance Pathways Initiative has sparked praise for the proposal as well as concerns, including uneasiness over plans to share staffing between CAISO and a new regional organization that would govern Western electricity markets.
© 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.

© RTO Insider LLC
Day-ahead Seams Issues Could Take Years to Resolve, BPA Staff Says
BPA would have to strike several types of agreements, many of which are complex and could take years to implement, to tackle seams that could arise if BPA joins a day-ahead market, agency staff said during a workshop.
© RTO Insider LLC
BPA Considers Impact of Fees in Day-ahead Market Choice
BPA could face high implementation fees and operating costs under both SPP’s Markets+ and CAISO’s EDAM, but exact amounts are in flux.

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