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The Integrated Marketplace program is the latest – but most complex – incremental step in SPP's evolutionary approach to improving our service to members and the region. By working closely together with our members, market participants, vendors, and customers, we can focus our collective energies on bringing the Marketplace online – and with it, stronger grid reliability and greater cost savings and efficiencies.

The Integrated Marketplace will determine which generating units should run the next day for maximum cost-effectiveness, provide participants with greater access to reserve electricity, improve regional balancing of supply and demand, and facilitate the integration of renewable resources.

(Questions about the Marketplace? Contact SPP Customer Relations.)

The Marketplace is scheduled to go live March 1, 2014. Market participants are completing their market systems and testing data transfers between those systems and the Integrated Marketplace. Full-blown Market Trials begin June 3, 2013.

The Integrated Marketplace will include:

• A Day-Ahead Market with Transmission Congestion Rights.
• A Reliability Unit Commitment process.
• A Real-Time Balancing Market (replacing the current Energy Imbalance Service Market).
• The incorporation of price-based Operating Reserves procurement.
• In addition, the current Balancing Authorities within the SPP footprint will combine to form a Consolidated Balancing Authority.

A 2009 cost-benefit study estimated the new markets would generate up to $100 million in annual net savings for the SPP footprint.