SPP Western Energy Imbalance Service (WEIS)
COVID-19 and record hurricane and wildfire seasons made 2020 “a unique and at times challenging year,” FERC said in its State of the Markets report.
Utilities are hoping their participation in SPP's WEIS market will be the "first step" to full RTO membership.
SPP successfully launched its WEIS market, making it the first RTO with power markets in both the Western and Eastern Interconnections.
El Paso Electric, a utility that serves more than 400,000 customers in Texas and New Mexico, plans to join CAISO’s Western Energy Imbalance Market in 2023.
Stakeholders in SPP’s Western Imbalance Service market unanimously approved its Feb. 1 launch, the last major milestone in a project that began in 2019.
Last year SPP's Board of Directors appointed Barbara Sugg as CEO, and she wasted little time implementing her vision for the RTO.
FERC handed SPP an early Christmas present when it approved the RTO’s second version of a tariff for its five-minute WEIS market.
SPP offered stakeholders a deep dive into an analysis of the RTO’s Western regional market that projects millions in savings for members.
SPP’s WEIS stakeholders voted to move forward with parallel operations, the final test before the WEIS market’s planned February launch.
A discussion on diversity in the energy industry, hosted by CREPC-WIRAB, delved into resource adequacy and the potential for a Western RTO.
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