Press Releases

February 1, 2021

Southwest Power Pool expands offerings to western utilities with launch of new electricity market

Southwest Power Pool (SPP) launched its Western Energy Imbalance Services (WEIS) market at midnight Feb. 1. The real-time balancing market is the latest of SPP’s contract-based Western Energy Services to be implemented in the Western Interconnection and is expected to lower wholesale electricity costs, increase price transparency, and mitigate congestion on the transmission system for market participants.

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January 26, 2021

SPP becomes first regional grid operator with wind as No. 1 annual fuel source, considers electric storage participation in markets, approves 2021 transmission plan

Southwest Power Pool’s (SPP) leadership and stakeholders met throughout January to collaborate on regional grid operations and markets, transmission planning, membership expansion and corporate affairs.

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January 19, 2021

Former FERC director to join SPP staff

Little Rock, Ark. — Southwest Power Pool (SPP) has chosen former Federal Energy Regulatory Commission (FERC) senior staffer Leonard Tao to serve as director of FERC policy, effective Jan. 19, 2021. Tao will serve as SPP’s representative in Washington D.C., oversee FERC filings and work with federal government leaders on energy issues on behalf of SPP.

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January 13, 2021

SPP seeks industry experts to assess competitive transmission project proposals

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 2021.

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December 23, 2020

SPP receives approval of western market tariff

On Dec. 23, 2020, the Federal Energy Regulatory Commission (FERC) approved Southwest Power Pool’s (SPP) Western Energy Imbalance Services (WEIS) tariff. The commission’s order paves the way for SPP’s planned launch of the real-time balancing market on Feb. 1, 2021. It comes after SPP entered into a period of parallel operations with its market participants in early December, during which participants continue testing and training in the WEIS market’s production environment.

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December 17, 2020

Kara Fornstrom to serve as SPP director of state regulatory policy

Southwest Power Pool (SPP) has chosen Wyoming Public Service Commission Chairman Kara Fornstrom to serve as director of state regulatory policy effective Jan. 19, 2021.

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December 14, 2020

An update from SPP President & CEO Barbara Sugg - Dec. 14, 2020

As we near the end of 2020, I wanted to share one last update from Southwest Power Pool and offer some reflections on the last few months and the next few that lie ahead.

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November 12, 2020

SPP and stakeholders will consider RTO expansion to the west; study anticipates $49M in annual savings for current and new members

Little Rock, Ark. — Southwest Power Pool (SPP) has received letters from several western utilities committing to evaluate membership in the organization. An SPP Brattle study found that the move would be mutually beneficial and produce $49 million a year in savings. Additionally, SPP anticipates its wholesale electricity market, resource adequacy program and other regionalized services can help western members achieve renewable-energy goals, reinforce system reliability and leverage new opportunities to buy, sell and trade power.

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October 28, 2020

SPP stakeholders approve transmission plans and improvements to power grid operations

Southwest Power Pool’s (SPP) board and stakeholders approved plans for new transmission and made strategic decisions related to real-time grid operations, administration of its wholesale energy market and corporate affairs during October quarterly meetings.

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October 27, 2020

Southwest Power Pool Elects Elizabeth Moore to board of directors

Southwest Power Pool (SPP), a regional power grid operator that ensures access to reliable and affordable electricity, elected Elizabeth Moore of New York to the company’s board of directors effective Oct. 27.

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