Colorado utilities consider regional market to buy, sell wholesale power

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The Southwest Power Pool, a regional transmission organization, said Tuesday that 31 utilities and organizations have signed agreements to explore creating the marketplace in the West

requires public utilities providing electricity to join an organized wholesale market by 2030 unless there are no viable options or regulators determine it’s not in the public interest. The Colorado Public Utilities Commission is writing rules for the review process.Xcel Energy, Colorado’s largest utility, pulled out of the Mountain West Transmission Group,

“A regional transmission organization is what we would like to see in the West,” said Vijay Satyal, deputy director of regional energy markets for Boulder-based Western Resource Advocates. Satyal said his organization is concerned that the process is moving too quickly and doesn’t want to see rules conflict with states’ clean-energy policies.

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Most likely will make it all more expensive. So far all of pResident Biden bills have done has been a complete failure economically

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