Page 5 - Resource Adequacy Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Utility industry news and analysis for energy professionals.

The Craig Station coal-burning power plant in Moffat County is pictured Feb. 27, 2020. Tri-State Generation plans to close the plant by 2030. Hoping to lower wholesale electricity costs, increase price transparency, and mitigate congestion on the transmission system for participating markets, the Southwest Power Pool launched its Western Energy Imbalance Services market Monday morning. Tri-State Generation and Transmission Association is one of several regional utilities are participating in the market. The real-time balancing market is the latest of SPP’s contract-based Western Energy Serv...

Dive Brief: The WEIS has been in the works for more than a year, and SPP says many of the participants are now evaluating full membership in the SPP regional transmission organization (RTO). A Brattle study last year concluded adding members could produce $49 million in annual savings for consumers and SPP. Utilities joining the WEIS say the new service will help accelerate their decarbonization goals. There are concerns from some clean energy advocates, however, that SPP's new market creates a transmission seam across Colorado and may not be as efficient as a single RTO serving the state...