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.
February 14, 2025
Tacoma Power to Join SPP’s Markets+
Tacoma Power has signed an agreement to join SPP’s Markets+, making it the second Pacific Northwest entity to commit to participating in the market in the past month.
February 19, 2025
Funding Commitments Secure Phase 2 of Markets+ Development
Southwest Power Pool on Feb. 14 said it has received enough commitments from utilities to support financing for the next phase of its Western day-ahead market offering, Markets+.
February 15, 2025
SPP Secures Funding to Begin Markets+ Phase 2
SPP says it has received signed Phase 2 funding agreements from eight interested participants in its proposed Markets+ day-ahead service.