SPP Markets+

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PacifiCorp Next to Leave WRAP After Raising Concerns
PacifiCorp joins other utilities leaving the Western Power Pool’s Western Resource Adequacy Program just before the deadline to commit to the program’s first binding phase.
Portland General Electric
PGE to Explore Alternatives After Withdrawing from WRAP
PGE is exploring an alternative to the Western Power Pool’s Western Resource Adequacy Program that better suits its upcoming participation in CAISO’s Extended Day-Ahead Market, the utility told Oregon regulators.
Camerafiend, CC BY-SA-3.0 via Wikimedia Commons
4 Entities Join NV Energy in Exiting WRAP, While Idaho Power Commits

Calpine, Eugene Water & Electric Board, PGE and PNM joined NV Energy in leaving the Western Resource Adequacy Program, while Idaho Power signaled its continued commitment.

New Mexico PRC
PNM Accounting Request Revives EDAM vs. Markets+ Debate
State regulators approved an accounting order for Public Service Company of New Mexico’s participation in CAISO’s Extended Day-Ahead Market, in a case that rekindled the debate over which day-ahead market PNM should choose. 
JIRSA Hedrick
Split Colo. PUC Approves Xcel Energy’s Markets+ Application
The Colorado PUC issued a split decision approving Public Service Company of Colorado’s application to join SPP’s Markets+, finding that market participation is in the public interest and will “provide a number of benefits.”
Moonwater Capital
NV Energy to Withdraw from WRAP
NV Energy notified the Public Utilities Commission of Nevada that it plans to leave the Western Power Pool’s Western Resource Adequacy Program, citing five critical issues with the program’s design.
© RTO Insider LLC
PacifiCorp Asks WPP to Delay WRAP ‘Binding’ Phase Commitment Date
PacifiCorp asked the WPP’s Board of Directors to allow WRAP participants to defer their decision to commit to the program’s binding phase by at least one year.
© RTO Insider LLC
WRAP ‘Binding’ Phase Set for Winter 2027/28 After Utilities Affirm Commitment
The Western Power Pool’s WRAP secured enough participants for the program to enter the first binding phase after 11 utilities reaffirmed their commitment.
CAISO
DER Representatives Get a Seat at the Pathways Table
A wide variety of stakeholders — including representatives of the DER sector — will serve as advisers to the Pathways Initiative as it enters its next phases.
SPP
SPP Names Director to Lead Markets+ Monitoring
SPP named Tim Vigil, chief member relations and strategy officer for Pacific Northwest Generating Cooperative, as director of the Market Monitoring Unit’s office dedicated to Markets+.

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