Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.

Stakeholders have discussed the likelihood that there may be two day-ahead markets in the West, CAISO’s Extended Day-ahead Market and SPP’s Markets+ and/or RTO West.

The New Mexico Public Regulation Commission will dive into a report on the financial implications of a Western day-ahead electricity market.

SPP chalked up numerous successes during 2023 without the effects of a global pandemic or severe winter storms.

SPP’s Markets+ senior leadership approved the day-ahead market’s proposed governing document, a significant milestone in the drive to file a tariff with FERC in early 2024.

SPP met a major milestone in its Western efforts as a Markets+ committee approved the day-ahead market’s proposed governing document.

The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.

The West-Wide Governance Pathways Initiative is seeking $800,000 in federal grants to support its administrative and outreach needs as it works to lay the foundation for an independent Western RTO.

The committee tasked with laying the groundwork for an independent Western RTO is confronting a complex set of challenges on an ambitious timeline.