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Energy Business
Kent Knutson
Kent Knutson
Top Contributor
 · Posted in Energy Business

SPP marks a decade of Integrated Marketplace and more than $10.2 billion in savings

Since its launch in 2014, Southwest Power Pool’s (SPP) Integrated Marketplace has generated more than $10 billion in savings. In 2023 alone, the service provided members $2.25 billion in annual savings. In 2021, SPP launched the Western Energy Imbalance Services (WEIS) market, a real-time balancing market in the Western Interconnection. The grid operator is currently developing Markets+, a day-ahead and real-time market designed to provide financial and environmental benefits and enhance electric reliability across the Western U.S.
 
SPP News Release: https://lnkd.in/d28Bg2tf