Press Releases
SPP’s Western Energy Imbalance Service Market (WEIS) provides millions in benefits, more than doubles in size
Southwest Power Pool’s (SPP) 2022 WEIS Benefit of Market Report assesses the benefits that its regional, real-time Western Energy Imbalance Service Market (WEIS) provides participants. Its analysis estimates that the WEIS provided $31.7 million in net benefits to its 12 participating western utilities in 2022 at a benefit-to-cost ratio of 7-to-1. With the April 1 addition to the market of Xcel Energy-Colorado, Platte River Power Authority and Black Hills Colorado Electric, LLC, SPP anticipates the benefits of the WEIS will grow significantly in the future.
Read MoreSPP’s development of Markets+ underway with funding and participation from diverse western stakeholders
LITTLE ROCK, ARK. — Southwest Power Pool’s (SPP) Markets+ initiative reached a significant milestone on April 1: the deadline for interested parties to execute agreements to participate in the first phase of the market’s development. With development already underway after funding reached a critical mass a month ahead of schedule, 31 entities have now officially joined the effort to develop and launch Markets+ and bring the benefits of regionalization to the Western Interconnection.
Read MoreNatasha Henderson named new director of system planning for SPP
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) has chosen Natasha Henderson to serve as its new Director of System Planning effective April 3, 2023.
Read MoreSPP’s independent and inclusive Markets+ governance model allows diverse voices to drive western market development
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) announced details of the governance structure that will oversee phase-one development of Markets+, its day-ahead and real-time western market. The Markets+ phase-one governance structure will have decision-making authority regarding market tariff language, protocols and governing documents to be filed with the Federal Energy Regulatory Commission.
Read MoreMarkets+ phase one development confirmed with first western market commitments
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) announced several parties have executed funding agreements for the development of Markets+, its western energy market. With the commitment of Arizona Public Service, Bonneville Power Administration, Chelan County Public Utility District, NV Energy, Powerex Corp., Puget Sound Energy, Salt River Project and Tucson Electric Power, the next phase of Markets+ development will begin immediately, ahead of the planned start date of April 1. SPP has also executed stakeholder agreements with participants who do not serve load or own generation but, while not contributing to funding Markets+ in phase one, will participate in the development of the Markets+ stakeholder process.
Read MoreSPP names new senior vice president of finance and chief financial officer
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) announced it has selected Deborah Sterzing as senior vice president and chief financial officer (CFO), effective March 13. Sterzing will replace SPP’s former CFO Tom Dunn, who retired in December 2022.
Read MoreSPP seeks industry experts to assess competitive transmission project proposals
LITTLE ROCK, Ark. — Southwest Power Pool, Inc. (SPP) is accepting applications to create a pool of industry experts. These experts may be chosen to serve on an independent panel to review competitive transmission construction proposals in 2023.
Read MoreSouthwest Power Pool sees record wintertime electricity use, issues advisories in response to extreme cold
LITTLE ROCK, ARK. – Dec. 23, 2022 – The effects of widespread and extreme cold have led to new records and the declaration of several advisories and alerts in Southwest Power Pool’s (SPP) service territory. SPP set a new record for electricity use during the winter season on Dec. 22, with load exceeding 47,000 MW. The previous record was 43,661 MW, set Feb. 15, 2021.
Read MoreSouthwest Power Pool issues Energy Emergency Alert 1 due to extreme cold
LITTLE ROCK, ARK. – Dec. 23, 2022 – The effects of widespread and extreme cold have led to tightening electric reliability conditions in Southwest Power Pool’s (SPP) service territory. We have issued an Energy Emergency Alert Level 1 (EEA1) effective Dec. 23, 5:20 pm CT until further notice. The declaration is due to higher-than-forecast load and generator availability as we head into our evening peak.
Read MoreSPP announces new vice presidents of markets and engineering
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) announces changes to its senior leadership team. SPP has chosen Antoine Lucas to serve as Vice President of Markets, a new senior leadership position, effective Jan. 1, 2023. Lucas had previously served as SPP’s Vice President of Engineering. David Kelley, previously SPP’s Director of Seams and Tariff Services, will now serve as Vice President of Engineering.
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