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SPP Receives FERC Approval to be First RTO Operating in Both Eastern and Western Interconnections

LCG, March 205, 2025--The Southwest Power Pool (SPP) today announced it will soon be the first regional transmission organization (RTO) in the nation to provide full services in both the Eastern and Western Interconnections of the U.S. power grid. On March 20, the Federal Energy Regulatory Commission (FERC) unanimously approved Southwest Power Pool’s amended tariff that includes provisions that enable Western members to join the RTO. The expansion of the SPP RTO is scheduled to go live April 1, 2026.

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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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Industry News

Refunds to California Utilities Will Be Delayed by Settlements

LCG, Apr. 15, 2004--The California Independent System Operator (ISO), which is preparing market data to be used by the Federal Energy Regulatory Commission (FERC) in the determination of refunds by power producers to utilties, said through a spokesman today that the data would be provided to the FERC by November, later than expected.

The ISO is conducting the processing of data related to the California power market during the energy crisis of 2000-01, in order to determine the prices that should have resulted in the market, given generators' costs of production. Although the ISO expected to submit the cost data by the summer, the work is being delayed by the possibility that settlements will occur between power producers and regulators. FERC has stated that prices were unust and unreasonable, but has signaled that it is not in agreement with California officials' assertion that power producers owe nearly $9 billion worth of refunds.

Once refunds have been calculated, the amount paid could be offset in certain cases by the fact that some payments by the utilities to producers are still outstanding. Some power sellers that do not settle or agree with the refunds may file legal challenges once FERC's determination of amounts owed are announced.
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