On Thursday, March 23, the Western Interstate Energy Board (WIEB) hosted a webinar with Southwest Power Pool (SPP) staff and Colorado Public Utilities Commission Chairman Eric Blank to provide an update on Markets+ and the formation of the Markets+ State Committee (MSC).
SPP has finalized the proposal for Markets+, a day-ahead market service offering for the West. You may view the final service offering here. On March 2, SPP issued a news release that Markets+ has received enough market participant commitments to fund and proceed to phase one. Many Western state representatives have participated in the development of Markets+, and their efforts have led to a proposal to establish the MSC. This committee will provide state perspectives on pertinent matters related to the market and will be supported by staff of WIEB.