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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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Industry News

New Zealand Experiments With Real-Time Electricity Pricing

LCG, October 15, 2002-M-co, New Zealand's electricity market operator, has begun operating a real-time wholesale electricity pricing system.

Normally, New Zealand's wholesale electricity prices are calculated every 30 minutes, but M-co will now have the prices reported every 5 minutes. This publishing-per-5 minutes trial will last three months and will not affect market settlement as yet.

M-co's intention is to optimize the market; the company feels that the shorter time may have a positive effect on the calculation of settlement prices.

M-co also operates the retail electricity market of South Wales, the green energy market of Australia, and the wholesale electricity market of Singapore, in addition to working with developing markets in Africa.

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