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POWER Magazine•about 1 month ago

Cypress Creek Closes $3.5-Billion in Financing for Large Arkansas Solar+Storage Project

•Cypress Creek Energy secured $3.5 billion in financing for the first two phases of the Steel River Energy Center in Arkansas.
•The project will feature 1.63 GW of solar power combined with 1.9 GWh of battery energy storage, marking a significant utility-scale hybrid development.
•This substantial financing demonstrates strong investor confidence in large-scale, multi-gigawatt solar-plus-storage projects, particularly within the SPP region.

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Energy Storage News•about 1 month ago

US ROUNDUP: EDP 800MWh Arizona project, Pathway targets SPP & MISO, Waymo second-life partnership

•EDP and SRP completed a significant 200MW/800MWh battery energy storage system (BESS) in Arizona, indicating a growing market for large-scale grid storage deployments.
•Pathway Power secured a $150 million financing facility to target development opportunities in the SPP and MISO regions, signaling substantial capital investment and expansion in these key markets.
•B2U secured a supply deal with Waymo for second-life EV batteries, establishing a new, potentially lower-cost supply chain for grid storage solutions.

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Utility Dive•about 1 month ago

FERC approves SPP non-firm, large-load transmission service

•FERC has approved a new non-firm, large-load transmission service in the Southwest Power Pool (SPP) region.
•This service is designed to help data centers and other large power consumers connect to the grid and begin operations more quickly.
•The primary caveat is that these large loads can have their service curtailed or cut during periods of tight grid conditions to maintain overall grid reliability.

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Utility Dive•2 months ago

AEP eyes exit from PJM, SPP over slow generation interconnection

•AEP is considering exiting PJM and SPP due to severe delays in generation interconnection, signaling critical frustration with current RTO processes.
•AEP's utilities have contracted for an unprecedented 63 GW of new large load by 2030, highlighting massive demand growth, likely driven by datacenters and industrial expansion.
•This situation underscores significant challenges for developers in PJM and SPP regarding project viability and grid access, and for large loads in securing timely and reliable power.

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CleanTechnica•3 months ago

Sierra Club, Allies Applaud Approval of Accelergen’s East Side Energy Storage for Wyandotte County

•Accelergen's 300 MW East Side Energy Storage project in Wyandotte County, Kansas, received local government approval (8-2 vote).
•This project will be among Kansas's newest and largest utility-scale energy storage systems, positioned as a 'keystone of renewable power'.
•The approval highlights growing regulatory and community support for large-scale energy storage development in the SPP region, beneficial for grid stability and renewable integration.

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Utility Dive•3 months ago

La Plata Electric CEO: Why Western utilities are moving toward regional markets

•La Plata Electric Association (LPEA) is transitioning into the Southwest Power Pool (SPP), signaling a broader trend among Western utilities towards regional market integration.
•This move is projected to deliver an immediate reduction of approximately 20% in greenhouse gas emissions for LPEA.
•LPEA anticipates reduced wholesale power costs as a direct result of joining SPP, which translates to potential savings for large power consumers and improved market conditions for developers.

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Utility Dive•3 months ago

Entergy, Xcel, others seek to upend competitive transmission bidding in MISO, SPP

•Entergy, Xcel, and other utilities are reportedly attempting to eliminate competitive bidding for regional transmission projects within the MISO and SPP markets.
•Former FERC Chairman Neil Chatterjee views this move as "counterproductive" and not in the interest of consumers, suggesting it could lead to less efficient and potentially more expensive transmission development.
•For developers and large power consumers in MISO and SPP, the success or failure of this effort will directly impact transmission costs, project interconnection viability, and the overall delivered price of electricity.

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Energy Storage News•3 months ago

North Dakota approves certificate of site compatibility for 400MWh BESS from NextEra Energy Resources

•NextEra Energy Resources secured a certificate of site compatibility for a 400MWh Battery Energy Storage System (BESS) in North Dakota, representing a US$128.6 million investment.
•Construction is scheduled to commence this year, with commercial operations targeted for December 2026, indicating a relatively rapid deployment timeline post-approval.
•This project signifies continued investment in grid-scale storage within the SPP region, offering potential for enhanced grid stability, ancillary services, and resource adequacy.

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Utility Dive•3 months ago

Nevada PUC approves NV Energy plan to join day-ahead market

•Nevada's NV Energy received PUC approval to join a day-ahead market, marking a significant step towards greater market integration in the Western U.S.
•This decision expands the competitive landscape, with Western utilities now evaluating participation in markets run by either CAISO or SPP, influencing regional resource dispatch and pricing.
•For developers, this creates new opportunities for project siting and revenue generation within a more liquid and transparent market structure.

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POWER Magazine•4 months ago

Southwest Power Pool Announces Expansion of Service Territory

•The Southwest Power Pool (SPP) expanded its service territory, effective April 1, 2026, now aligning with the U.S. Western Interconnection.
•This RTO expansion signifies increased grid integration, potentially offering broader market access and new transmission opportunities for generation developers and large power consumers.
•The expansion is likely to impact interconnection queue processes, regional transmission planning, and capacity market dynamics within the newly integrated areas.

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CleanTechnica•4 months ago

Major SPP Western Expansion Opens Clean Energy Opportunities Across Region

•SPP has officially expanded, connecting western and eastern electric grids across Colorado, Wyoming, Nebraska, Utah, and Arizona, creating a larger, more integrated market.
•The expansion provides increased access to clean energy for major utilities and large power consumers, potentially enhancing grid reliability and resource sharing across the region.
•For developers, this RTO expansion opens new opportunities for clean energy projects (solar, wind, storage) by integrating them into a broader market with potentially improved transmission access and market liquidity.

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POWER Magazine•4 months ago

Full Throttle: Five Trends Reshaping the Gas Power Boom

•A generation-defining expansion of natural gas power is underway, characterized by rapid development and 'hyperscale speed'.
•Developers should anticipate new strategic trends shaping this gas power boom, requiring adaptation in project planning and execution.
•Large power consumers, particularly those with growing demand like datacenters, are likely key drivers and beneficiaries of this buildout.

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Utility Dive•4 months ago

50 GW of data centers online at end of 2025, with MISO seeing strongest growth: FERC

•FERC projects 50 GW of data center load will be online by the end of 2025, indicating a massive surge in electricity demand.
•The Midcontinent Independent System Operator (MISO) region is experiencing the strongest growth, with a 43% annual increase in data center load since 2020.
•Other regions seeing rapid data center growth include ERCOT, the Southwest Power Pool (SPP), and the Southeast, signaling widespread opportunities and challenges.

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Utility Dive•4 months ago

NextEra to develop 9.5 GW of gas in Texas, Pennsylvania

•NextEra is developing 21.7 GW of new generation: 9.5 GW of gas in Texas and Pennsylvania, 9.2 GW of gas in Ohio, and 3 GW of nuclear in Tennessee and Alabama, as part of a $550 billion deal with Japan.
•This massive influx of dispatchable generation will significantly impact future capacity and energy markets in ERCOT, PJM, and potentially MISO/SPP, likely stabilizing prices and increasing supply.
•For large power consumers and developers, this signals long-term availability of firm power, potentially opening opportunities for large-scale PPAs and influencing grid interconnection queues in these regions.

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Energy Storage News•4 months ago

Nebraska advances energy storage and data centre-focused bill

•Nebraska's legislature is advancing a bill to clarify and expand the state's use of Battery Energy Storage Systems (BESS).
•The proposed legislation is specifically focused on supporting the power needs of data centers, indicating a strategic move to attract and serve large industrial loads.
•This policy change is expected to reduce regulatory uncertainty for BESS developers, potentially accelerating project development and investment in Nebraska.

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Utility Dive•4 months ago

FERC approves SPP merger of interconnection, transmission planning

•FERC has approved the Southwest Power Pool's (SPP) proposal to merge its interconnection and transmission planning processes.
•This regulatory change is designed to accelerate the construction of new transmission infrastructure within the SPP region.
•The primary objective is to connect new generation projects to the grid more quickly, directly benefiting developers and large power consumers seeking faster grid access and new supply.

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CleanTechnica•4 months ago

Historic Support to Expedite New Power to Southwest Power Pool

•FERC unanimously approved the Southwest Power Pool's (SPP) Consolidated Planning Process (CPP).
•The CPP aims to transform SPP's interconnection and transmission processes to accelerate new power generation timelines.
•This regulatory change is expected to reduce costs for consumers and received broad stakeholder support.

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Utility Dive•4 months ago

AI is making weather forecasts better

•AI-driven advancements in weather forecasting significantly enhance speed and accuracy, directly impacting energy market dynamics and grid operational costs.
•Improved forecasts enable better prediction of renewable generation (solar, wind) and demand, leading to optimized dispatch, reduced curtailment, and enhanced grid reliability.
•Developers can leverage more precise weather data for project siting, operational planning, and negotiating more favorable Power Purchase Agreements (PPAs).

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Utility Dive•4 months ago

MISO, SPP eye 500-kV cross-border projects to bolster reliability, save money

•MISO and SPP are jointly pursuing new 500-kV cross-border transmission projects to increase transfer capacity across their southern seam.
•These interregional projects are designed to bolster grid reliability and reduce costs, indicating potential for lower congestion and more stable energy prices for large consumers.
•For developers, these projects open up new market opportunities by improving the ability to move power (e.g., renewable generation) between the MISO and SPP regions.

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Utility Dive•5 months ago

Entergy sees traditional and high-tech industrials driving sales growth

•Entergy projects 8% annual sales growth through 2029 across its five regional utilities.
•This significant growth is primarily driven by the proliferation of data centers and new heavy industrial projects coming online.
•For developers and IPPs, this indicates substantial new demand for generation capacity and potential PPA opportunities within Entergy's service territories (MISO/SPP).

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