April 20, 2024

SPP Markets+

West-Wide Governance Pathways Initiative
Pathways Initiative Rejected for $800K in DOE Funding
The West-Wide Governance Pathways Initiative applied for the money in January in response to a DOE Funding Opportunity Announcement, seeking two tranches of $400,000 each to be disbursed over two years to help support the effort build an independent Western RTO.
WECC
26 Western Entities Signal Continued Support for Markets+
More than two dozen Western electricity sector entities sent a letter to SPP expressing support for the continued development of the RTO’s Markets+, which is competing for participants with CAISO’s Extended Day-Ahead Market. 
CAISO
Nevada RTO Proceeding Examines EDAM, Markets+ Design

Two competing day-ahead markets from CAISO and SPP are taking different approaches to resource sufficiency and adequacy, according to presenters at a workshop included in a regulatory effort to help inform NV Energy’s decision on which market to join.

West-Wide Governance Pathways Initiative
Western RTO Group Floats Independence Plan for EDAM, WEIM
Backers of an initiative to create an independent Western RTO that builds on CAISO’s markets have floated a plan to untangle the snag that’s hung up past efforts to “regionalize” the ISO: a lack of independent governance.
Brattle Group
Nev. RTO Effort Turns Focus to NV Energy Day-ahead Studies
A key factor in the CAISO EDAM advantage is the benefits the utility would lose by leaving the Western Energy Imbalance Market, a Brattle Group consultant said.
© RTO Insider LLC
BPA Staff Recommends Markets+ over EDAM
The Bonneville Power Administration released a much anticipated staff report that tentatively recommends the agency choose SPP’s Markets+ over CAISO’s Extended Day-Ahead Market.
SPP
SPP Files Proposed Markets+ Tariff at FERC
SPP filed its Markets+ tariff at FERC, the culmination of more than a year-long collaborative effort with potential participants and stakeholders to draft rules and protocols for the grid operator’s day-ahead market offering.
© RTO Insider LLC
SPP Board Approves Markets+ Phase 1 Tariff
SPP’s Board of Directors and its members have approved the initial tariff for its Markets+ service offering in the Western Interconnection, clearing the way for its filing at FERC.  
© RTO Insider LLC
CAISO’s EDAM Scores Key Wins in Contested Northwest
CAISO scored simultaneous victories in heavily contested territory after Portland General Electric and Idaho Power both signaled their intent to join the Extended Day-Ahead Market.
West-Wide Governance Pathways Initiative
Pathways Initiative Discloses Funders, Reiterates Goals
The West-Wide Governance Pathways Initiative has secured commitments of financial support from 24 utilities and other electricity-sector organizations and expects that list to grow.

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