Southwest Power Pool stated an intent to create an energy imbalance market for the west

SPP is, "calling on interested utilities and other customers to join in the design and implementation of a market that will meet the electricity needs of the Western Interconnection."

"There seems to be growing interest in organized markets in the west, and SPP believes we’re uniquely equipped to provide service and benefits no one else can," said Carl Monroe, SPP’s chief operating officer.

SPP announced in September 2018 it would serve as RC for numerous western utilities beginning in December 2019.

"Our experience launching this new iteration of our RC service has paved the way for a very logical next step," said Nick Brown, SPP president and CEO. "Our provision of RC services in the west would minimize the work needed to implement a market. Western Interconnection-specific reliability information already available to SPP will help lay the foundation for a seamless transition. SPP is committed to working with utilities to build a western market that will provide them and their customers the savings and reliability we’ve been providing in the eastern market for years."

Tags:
SPP   Southwest Power Pool   Wholesale  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
FERC Orders $230 Million In Penalties Against GreenHat, Related Parties '
UK Retail Supplier With US Affiliate In Talks To Secure 'New Funding'; Wholesale Prices Challenge
FERC Issues Show Cause Order To GreenHat With Proposed $229 Million Fine For Alleged 'Manipulation'
Southeast Utilities Propose Centralized Intra-Hour Wholesale Electricity Exchange Market
FERC Accepts Tariffs For ISO-NE Inventoried Energy Program; Costs Assigned To Retail Suppliers/Load