Western Energy Imbalance Service Market

SPP Proposes Western Energy Imbalance Service Market

July 6, 2019
David Dan
Blog

In June 2019, the Southwest Power Pool (SPP) announced that it intends to launch the Western Energy Imbalance Service (WEIS) market in December 2020. SPP currently oversees the electric grid and wholesale power market for utilities and transmission companies in 14 central U.S. states, and the new market is expected to generate significant cost savings for participants.

Power Settlements is a software company that specializes in providing software solutions to energy companies that participate in the ISO and RTO physical power markets. We have the second largest customer base of all shadow settlement software vendors in the CAISO market, and are in the midst of a major rollout of our SettleCore™ solution to customers in all of the ISOs/RTOs in the U.S. Our software solutions are in use at investor owned utilities, municipalities, independent generators, and hedge funds.