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El Paso Electric To Join SPP Markets+ (Another Texas IOU Joining Day-Ahead Market, But No Customer Choice)
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El Paso Electric informed the Texas PUC that it has decided to proceed with joining Southwest Power Pool's Markets+
SPP's Markets+, among other things, includes a day-ahead market, and, as stated by SPP, will, "centralize day-ahead and real-time unit commitment and dispatch". Participants in SPP's Markets+ receive access to markets, but are not required to join the SPP RTO or cede operational control of their transmission to SPP as RTO members do.
SPP anticipates that Markets+ will go-live in early 2027. SPP announced FERC approval of certain Markets+ tariffs earlier this month
Several utilities with limited choice or wholesale-like competitive supply or direct access programs are participating in SPP Markets+ Phase 1 development, including Arizona Public Service Company, Tucson Electric Power Company, and Puget Sound Energy
EPE represents the last investor-owned utility in Texas that isn't in a "Day 2" RTO or otherwise participates in a similar market. The lack of availability of a day-ahead market for the non-ERCOT utilities in Texas was a major, but not the sole, reason for each's respective delay of SB 7's general mandate for electricity customer choice in Texas
El Paso Electric currently participates in CAISO's Western Energy Imbalance Market, which itself does not include a day-ahead market, though CAISO does have in development its own competing day-ahead market for non-RTO members, the Extended Day-Ahead Market (EDAM)
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January 23, 2025
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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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