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.
Step #1
Information Gathering
Step #2
Distribute gathered feedback
Develop timelines & next steps
Develop detailed service offering
Step #3
Conduct inclusive stakeholder process with committed parties
Step #4
Obtain board approval
Seek FERC approval
Current Phase
Step #5
Go-Live Q2 2027
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.
September 27, 2024
Delaying Decisions to Join Markets+ Could Torpedo It, Panel Warns
Delaying decisions to join the Southwest Power Pool’s Markets+ initiative could jeopardize the proposed day-ahead market, members of the Interim Markets+ Independent Panel said in an open letter posted Sept.
September 19, 2024
Markets+ ‘Equitable’ Solution to Seams Issues, Backers Say
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution than does EDAM.
August 09, 2024
Governance is ‘Key Consideration’ for West, Markets+ Backers Say
Governance should be a “key consideration” for the West in the competition between day-ahead electricity markets because the outcome potentially affects $25 billion a year in energy transactions, according to a new “issue alert.”