April 2025 ISSUE

SPP presents this monthly newsletter compiling timely, useful information related to Markets+ development. Have questions or comments? Email marketsplus@spp.org. We’d love to hear from you.

March protocol development

The following protocol sections have been approved by various working groups, MDWG and MORWG and will be going before the Markets+ Participant Executive Committee (MPEC) this month:

• Protocols Section 4.5.7.4 (Day-Ahead Make Whole Payment Amount)
• Protocols Section 4.5.8.4 (RUC Make Whole Payment Amount)
• Protocols Section 4.5.8.7 (RUC Make Whole Payment Distribution Amount)
• Protocols Sections 4.5.7.17, 4.5.7.18 (DA Must Offer Settlements)
• Protocols Sections 4.5.8.25, 4.5.8.26 (RTBM Must Offer Settlements)
• Protocols Section 4.5.8.23 (Real-Time Mid-Term Flex Up Non-Performance Amount)
• Protocols Section 4.5.8.27 (Real-Time Incremental Energy Make Whole Payment Amount)
• Protocols Section 4.5.8.28 (RUC Self-Incremental Energy Make Whole Payment Amount)
• Protocols Section 4.5.12 (Revenue Neutrality Uplift Distribution Amount)
• Protocols Section 11 (Market Monitoring)
• Protocols Appendix A (Meter Technical Protocols)
• Protocols Appendix D (Mitigated Energy Offer Methodology Guidelines)
• Protocols Sections 4.2.2.1 (Resource Offer Parameters)
• Protocols Sections 4.2.2.2.3 (Surplus Threshold Status)
• Protocols Section 5.0 (Greenhouse Gas Pricing Programs and GHG Tracking and Reporting)
• Protocols Sections 5.1 (Resource Types Supplying Load in GHG Pricing Zones), excluding Sections 5.1.7, 5.1.8 and 5.1.10
• Protocols Sections 5.2 (Marker Clearing)
• Protocols Sections 9.3 (Identification of Assets Subject to GHG Pricing Programs)
• Protocols Appendix D Section 13

April MPEC meeting

The April Markets+ Participant Executive Committee (MPEC) meeting is scheduled for April 22-23 at the Embassy Suites in downtown Denver. Materials for the meeting will be posted by April 15. You can find more information about the meeting and register to attend here.

Carrie Simpson named new VP of markets

SPP announced March 6 it had chosen Carrie Simpson to serve as Vice President of Markets. Carrie previously served as SPP’s Senior Director of Seams and Western Services. Click here to read the press release.

New Markets+ issue alert

Markets+ participants have released an issue alert series identifying and explaining the key governance and market design elements of Markets+ and why these differences have important consequences for customers in terms of reliability, economic value, and environmental objectives. You can read the issue alerts here.