Western Resource Adequacy Program (WRAP)
Powerex
A new report from electricity marketer Powerex adds to the expanding debate around what transpired on the Western grid during a January cold snap that saw the Northwest forced to import large volumes of power.
Ken Lund CC-BY-SA-2.0 via Wikipedia Commons
Nevada regulators approved NV Energy’s plan to convert its last coal-fired power plant to natural gas, while also allowing the company to move forward with a $1.5 billion, 400-MW solar-plus-storage project.
WPP
Imports from the Southwest and Rockies helped the Northwest survive January’s cold, showing the region’s reliability is at a “tipping point,” WPP said.
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Oregon regulators are moving closer to adopting resource adequacy rules that would incentivize load-serving entities to join the Western Power Pool’s WRAP.
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SPP chalked up numerous successes during 2023 without the effects of a global pandemic or severe winter storms.
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SPP's western stakeholders have endorsed large chunks of tariff language that define how the day-ahead Markets+ will handle market transmission use, congestion management, transmission capacity obligations, market manipulation, and confidentiality.
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SPP Markets+ stakeholders kicked off the development phase of a proposed “RTO-light” service in the West, heating up the race with CAISO.
WRAP
Public Service Co. of New Mexico joined the Western Power Pool's Western Resource Adequacy Program, bringing the number of participants to 22.
Western Power Pool
CEO Sarah Edmonds would like to see the WRAP become “binding” on its participants as soon as possible, but making that transition could still be years away.
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The Energy Bar Association Western Chapter heard panelists and CAISO's CEO discuss rapidly evolving efforts to organize markets and an RA program in the West.
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