Press Releases
Southwest Power Pool releases detailed proposal for western energy market
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) published a detailed proposal for its Markets+ service Nov. 30, 2022. SPP will begin engaging the parties who already expressed interest in committing to Markets+ in December to formalize contractual commitments for phase one. Parties interested in committing to funding further market development must sign a Markets+ Market Participant Phase One Funding Agreement by April 1, 2023.
Read MoreSPP confirms timing of Markets+ implementation milestones; Powerex commits to Markets+ participation and funding
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) announces that it will implement major components of the governance structure of its planned Markets+ service in 2023 and will explore launching a transitional component of Markets+ in 2024: A transitional real-time balancing market similar to its Western Energy Imbalance Service Market (WEIS).
Read MoreCarrie Simpson to serve as Southwest Power Pool’s director of western services development
SPP has chosen Carrie Simpson to lead the continued development of its electricity services in the western U.S. as Director of Western Services Development effective Nov. 1, 2022. In her new role, Simpson will direct the ongoing development and implementation of wholesale electricity markets and other electricity services in partnership with SPP’s stakeholders.
Read MoreArizona entities announce commitment to SPP Markets+ development
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) is pleased to announce several entities in Arizona have committed to supporting the next phase of Markets+ development. Arizona Electric Power Cooperative, Arizona Public Service Company, Salt River Project and Tucson Electric Power join seven other entities who previously committed to supporting market development (see SPP’s August 16 and August 29 announcements).
Read MoreSouthwest Power Pool announces additional commitments to western market development
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) is pleased to announce six additional entities have expressed interest in participating in the next phase of Markets+ development. Avista Corp., Chelan County Public Utility District, Grant County Public Utility District, Powerex Corp., Puget Sound Energy and Tacoma Power join Bonneville Power Administration (BPA).
Read MoreSPP welcomes new utility to group evaluating western RTO expansion
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) is pleased to announce receipt of Platte River Power Authority’s (Platte River) notice of intent to join several western entities evaluating participation in SPP’s regional transmission organization (RTO).
Read MoreSouthwest Power Pool announces new western energy market initiative commitment
LITTLE ROCK, ARK. — As Southwest Power Pool (SPP) prepares to publish its Markets+ service offering in November 2022, it is already attracting interested customers in the Western Interconnection. Bonneville Power Administration, a federal agency serving nearly 3 million people in the Pacific Northwest, is the first western utility to formally commit to funding further development of SPP’s Markets+.
Read MoreSouthwest Power Pool’s western electricity market grows with addition of Colorado Springs Utilities
COLORADO SPRINGS, Colo. — After more than a year of preparation, Colorado Springs Utilities became an active participant in Southwest Power Pool’s (SPP) Western Energy Imbalance Service (WEIS) market at midnight on August 1, 2022. SPP’s WEIS market enhances the reliability and affordability of wholesale electricity by serving the real-time demand for electricity with the lowest-cost generating resources available in the market at any given time.
Read MoreColorado utilities plan to join the Western Energy Imbalance Service Market
Xcel Energy-Colorado, Platte River Power Authority and Black Hills Colorado Electric, LLC announced plans today to join the Western Energy Imbalance Service (WEIS) Market, operated by the Southwest Power Pool (SPP).
Read MoreNorthwest Power Pool to Hire Southwest Power Pool to Provide Program Operator Services for Resource Adequacy Program under Development
Northwest Power Pool (NWPP) intends to hire Southwest Power Pool, Inc. (SPP) to provide program operator services in its effort to develop a resource adequacy program for interested utilities in the West.
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