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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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LCG Publishes Updated 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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Industry News

New Mexico Poised to Raise Renewable Energy Requirements to 80 Percent

LCG, March 14, 2019--The Legislature of New Mexico recently passed the Energy Transition Act, which is now expected to be signed by the Governor.

The renewable energy requirements set forth in the Energy Transition Act (Senate Bill 489) for electric distribution cooperatives and public utilities include 40 percent by January 1, 2025 and 50 percent by January 1, 2030. The legislation also includes a target to achieve a zero carbon resource (i.e., resources that emit no carbon dioxide) standard by January 1, 2050, composed of at least 80 percent renewable energy. For public utilities, the renewable energy requirements also include no less than 80 percent by January 1, 2040 and zero carbon resources shall supply 100 percent of all retail sales of electricity in New Mexico.

The Governor recently stated in an editorial, "We have a unique opportunity to transform energy in New Mexico with the Energy Transition Act. Senate Bill 489 is bold, comprehensive legislation that will establish the state as a national leader in both renewable energy and address the causes of climate change, providing a pathway for a low-carbon energy transition away from coal and providing workforce training and transition assistance to affected communities."

The legislation also includes terms to support the Public Service Company of New Mexico recoup its investments in the coal-burning San Juan Generating Station, plus funds to aid displaced workers.
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