The Southwest Power Pool’s Markets+ program just got another participant—Xcel Energy, Colorado’s biggest electricity provider.
Described as short-term, electricity wholesale market, it allows utilities outside the SPP’s 14-state grid, which includes Oklahoma, to join. In Xcel Energy’s case, it is spending $30 million to join the market.
Colorado Public Utilities Commissioners recently voted 2-1 to approve Xcel’s application. As discussed by the commissioners,the benefits to Xcel customers in Colorado will be minimal.
A report by the Colorado Sun indicated that nearly all of the utilities in Colorado are joining SPP West as full members of the regional transmission organization.
Click here for Colorado Sun