SPP says the development of its Markets+ day-ahead market in the West is proceeding on time and under budget, with the hard part yet to come.

Utilities face significant forecasting risks from large loads, prompting the industry to develop various strategies to eliminate speculative projects, experts said during a Western Interstate Energy Board webinar.

CREPC TC, in collaboration with Energy Strategies, issued its first transmission cost allocation study to provide the Western electricity industry with guidelines on how to tackle the thorny issue.

The federal government has put on hold nearly $1 million in funding toward the development of a new independent Western RO to oversee CAISO’s WEIM and EDAM, the West-Wide Governance Pathways Initiative’s Launch Committee said.

The integration of Markets+ with the Western Resource Adequacy Program would be among a handful of key reliability benefits of SPP’s Western day-ahead offering, according to an “issue alert” published by 10 entities that backed development of the market.

Backers of an effort to create the framework for an independent Western RTO know how much money they’ll need to get things off the ground, and they’re seeking funders.

Western Interstate Energy Board member states backed the research project exploring the region's potential for supplying the minerals needed for U.S. energy transition.