WESTERN POWER TRADING FORUM

A new report commissioned by Renewable Northwest shows that market operators in the Eastern Interconnection have not been able to easily negotiate away the friction created by seams. As utilities and other entities size up competing day-ahead market proposals, they need to consider the effect seams could have, seriously and candidly. Read the news via News Data: https://ow.ly/Xol650Su1Xf

"Price caps are tricky things. But old price caps diverge from those in areas where resources are sold need to be harmonized. A recent federal court decision has give FERC the change to help the West - if they take the challenge." - Executive Director, Scott Miller. Read the full blog: https://ow.ly/jabq50SEOOC

Congratulations to our #WPTFMember, Guzman Energy, on entering a power offtake sharing agreement to deliver renewable energy generated by the Bronco Plains II Energy Center. Read the news: https://ow.ly/yqUZ50StmMV

Only one month left until our 2024 Summer General Meeting! To spark excitement, here's a little throwback to our past meetings. Our attendees had the chance to hear directly from market thought leaders, discuss strategies for united action, play golf, and enjoy the resort amenities. Don't miss out—save your spot for the 2024 Summer General Meeting today: https://ow.ly/HoIL50StmKi

Huge congratulations to Carrie Simpson, the Senior Director of Seams & Western Services at the Southwest Power Pool, on being this year’s Kent Wheatland Memorial Award recipient. The Award is given annually by the WPTF Board to recognize a colleague who promotes or defends competitive electric markets Carrie's background in the electric utility industry is diverse. In a career spanning 18 years, she has worked in operations, power marketing, regulatory and market design. We applaud her commitment to continuously improving the Western energy market. Learn more about the award: https://ow.ly/2YOG50Sy8tx

Last month, the Federal Energy Regulatory Commission (FERC) finalized its regional transmission planning and cost allocation rule. This rule addresses regulatory hurdles that have been slowing the deployment of essential transmission lines. These lines are crucial for delivering affordable, reliable electricity and preventing power outages as energy demand continues to rise. At the Western Power Trading Forum (WPTF), we are deeply engaged in these pivotal developments. We drive conversations and foster collaborations that shape the energy landscape. Join us as we continue to lead the charge in creating a robust and competitive energy market in the West. Stay connected for the latest insights and opportunities to be part of this exciting journey: https://ow.ly/lomS50ScGNG

Wishing all of our members and colleagues a safe, restful, and happy #IndependenceDay. 🎇 It's important to take time to recharge and reset.

#MemberSpotlight: We applaud our member, The Energy Authority, for their commitment to providing public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Learn more: https://ow.ly/Tqtz50ScGO1

Congratulations to our #WPTFMember, Qcells USA Corp., on the completion of the largest solar power complex in San Diego, California, to supply electricity to Meta, the parent of Facebook Inc. Read the news: https://ow.ly/N0WR50ScGN1

WPTF has been actively examining #CAISO's critical role in reliability planning, leveraging the expertise of Carrie Bentley, CEO of Gridwell Consulting. Carrie was recently quoted in an RTO Insider LLC article titled "Stakeholders Call on California ISO to Take Larger Role in Reliability Planning," where she discussed the challenges of keeping the lights on in #California during a June 18 presentation to the ISO’s Resource Adequacy and Program Design Working Group. Read the full article here: https://lnkd.in/gf3ptjAA Watch the recording of the California ISO Resource Adequacy Modeling and Program Design Working Group on Jun 18, 2024 here: https://lnkd.in/gfzZB2wX