News
Markets+ In The News
Catch up on news coverage around Markets+ and our collective efforts to expand access to a cost-effective, reliable and diverse energy portfolio in the West.
August 14, 2025
Markets+ phase two governance begins with key Western commitments
Southwest Power Pool, Inc. (SPP)’s Markets+, its Western day-ahead market, marked a significant milestone this week when it officially launched phase two governance.
June 30, 2025
Markets+ phase two development begins with secured financing
Markets+ reached a major milestone this week as it entered the second phase of development, backed by secured financing to cover the $150 million needed for full market implementation.
April 22, 2025
Markets+ funding agreement and funding mechanism receive FERC approval
Market development reached a significant milestone today when FERC approved both the Markets+ Phase Two Funding Agreement and the mechanism for funding the market’s development.
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.
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