January 20, 2025

SPP Markets+

SPP
SPP Markets+ Tariff Wins FERC Approval

SPP reached a key milepost in its Western efforts when FERC conditionally approved its tariff for Markets+, a highly anticipated decision likely to ramp up the competition with CAISO’s Extended Day-Ahead Market.

CAISO
WEIM Q3 Prices Down Despite Increased Loads, CAISO DMM Finds
Prices in CAISO’s WEIM fell sharply in the third quarter of 2024 compared with a year earlier as declining gas costs outweighed the impact of increased summer loads, the DMM found.
© RTO Insider LLC
Benefits of Fast-start Pricing Questionable, CAISO DMM Says
Establishing a fast-start pricing mechanism in CAISO and the WEIM is complex and brings few benefits compared to other potential market enhancements, the ISO's Department of Market Monitoring said.
Bonneville Power Administration
In Letter to Senators, BPA Tempers Markets+ Leaning
The Bonneville Power Administration tamped down expectations that it is all in on SPP’s Markets+, clarifying in a recent letter to lawmakers representing Oregon and Washington that it’s still weighing the pros and cons of joining a day-ahead market.
© RTO Insider LLC
Nickell: SPP’s Culture Paves Way for its 2025 Success
New SPP CEO Lanny Nickell says the RTO's corporate culture is its "secret sauce" and the key to its success in 2025 as it tackles the grid of the future and expansion into the Western Interconnection.
© RTO Insider LLC
EDAM Won’t Eliminate WEIM-only Option, CAISO CEO Says

CAISO’s launch of the Extended Day-Ahead Market will not spell the end of a Western real-time-only offering from the ISO, according to CEO Elliot Mainzer.

© RTO Insider LLC
SPP Briefs: Week of Dec. 16, 2024
SPP’s Resource and Energy Adequacy Leadership Team has closed out 2024 by taking two actions related to the long-term planning reserve margin.
Kevin Dooley, CC BY-SA-2.0, via Wikimedia Commons
Western Market Developers Compare Approaches to GHGs
On the surface, CAISO’s Extended Day-Ahead Market and SPP’s Markets+ will take similar approaches to accounting for greenhouse gas emissions — but important differences remain.
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.
Tacoma Public Utilities
Pathways Step 2 Not Good Enough, Markets+ Backers Say
The West-Wide Governance Pathways Initiative still grapples with political uncertainties and governance concerns despite efforts to fix those issues, proponents of SPP’s Markets+ contended.

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