Western Markets Exploratory Group (WMEG)
WAPA
WAPA's Desert Southwest Region pulled out of the second phase of developing SPP's Western day-ahead market after determining it would see few benefits from participating in either Markets+ or EDAM.
© RTO Insider LLC
The Public Power Council has asked the Bonneville Power Administration to choose SPP’s Markets+ when the agency issues its day-ahead market “leaning” in April.
CAISO
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.
Western Markets Exploratory Group
The New Mexico Public Regulation Commission will dive into a report on the financial implications of a Western day-ahead electricity market.
BPA
The results from a WMEG study indicate that many entities outside California would see more benefits from a two-market outcome while the Golden State has the most to lose from such a split.
© RTO Insider LLC
While some stakeholders are ‘charmed’ by SPP’s market initiative effort, others urge need for deeper tie to CAISO.
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CREPC wants to advise and advocate for Western states considering organized markets, similar to OPSI's role in PJM.
© RTO Insider LLC
The Western Markets Exploratory Group made a rare public presentation at CREPC-WIRAB of its behind-the-scenes work evaluating market options for the West.
Utah Office of Energy Development and S&P Global Market Intelligence
FERC commissioners told an audience of Western stakeholders and regulators that they back the formation of a Western RTO; California can't go it alone.
© RTO Insider LLC
Major Western utilities plan to discuss coordinated market services and the possible formation of an organized market in an exploratory group.
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