Full Speed Ahead: Markets+ Accelerates Toward 2027
Markets+: Diverse, Reliable Energy For The West — Access to a cost-effective, reliable and diverse energy portfolio secures benefits for everyone. Take a closer look at Markets+ and discover how this comprehensive array of services will impact the West.
What is Markets+?
Markets+ is a stakeholder-driven initiative poised to revolutionize the coordination and delivery of reliable, sustainable energy throughout the West — all while returning savings and benefits to its participants.
About SPP
Southwest Power Pool, or SPP, is a FERC-approved regional transmission organization (RTO). Its service footprint currently encompasses 552,000 square miles and 15 states — a region that features the largest share of renewable energy (wind, hydro, solar) when measured against total generation among the seven RTOs in the U.S.
Quick Facts
38%
Percentage of energy generated within SPP's footprint classified as renewable in 2022
$3.787 Billion
Total savings and benefits SPP returned to its members in 2022
408 Million Metric Tons
Total CO2 offset by SPP's use of wind energy from 2014–2022
Markets+ In The News
Stay up to date on the latest developments with Markets+ as we secure greater access to reliable, renewable energy in the West.
August 14, 2025
Markets+ phase two governance begins with key Western commitments
Southwest Power Pool, Inc. (SPP)’s Markets+, its Western day-ahead market, marked a significant milestone this week when it officially launched phase two governance.
June 30, 2025
Markets+ phase two development begins with secured financing
Markets+ reached a major milestone this week as it entered the second phase of development, backed by secured financing to cover the $150 million needed for full market implementation.
April 22, 2025
Markets+ funding agreement and funding mechanism receive FERC approval
Market development reached a significant milestone today when FERC approved both the Markets+ Phase Two Funding Agreement and the mechanism for funding the market’s development.