Press Releases
Markets+ 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.
Read MoreKim O’Guinn to serve as SPP director of state regulatory policy
LITTLE ROCK, ARK. — Southwest Power Pool (SPP) has chosen Arkansas Public Service Commission (PSC) Commissioner Kim O’Guinn to serve as director of state regulatory policy, effective January 2023.
Read MoreA message from Barbara Sugg, Southwest Power Pool president and chief executive officer
A message from Barbara Sugg, Southwest Power Pool president and chief executive officer
Read MoreSouthwest 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).
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