Arizona Utilities Plan to Join Markets+ to Strengthen Grid Reliability and Resilience
Today, Arizona Public Service (APS), Salt River Project (SRP), Tucson Electric Power (TEP) and UniSource Energy Services announced plans to join Southwest Power Pool’s (SPP) Markets+, a day-ahead and real-time energy market that is anticipated to span through the northwest, southwest and mountain west regions of the U.S. The new market is expected to bring enhanced reliability and savings of nearly $100 million above current market participation, passed back across the electric companies’ customers. It will also support the addition of more renewable resources to the energy grid, as Arizona continues to experience residential and business growth and record-breaking energy demand.
CORRECTING and REPLACING Looking Ahead: New APS Plan Addresses Growing Customer Energy Needs
In the first paragraph after the bullet point list, the fourth sentence should read: By 2037, APS forecasts more than one million EVs in its service territory (instead of: By 2027, APS forecasts more than one million EVs in its service territory).
More Clean Energy for APS Customers: What to Know and Why It Matters
Arizona Public Service (APS) is bolstering its diverse power supply while maintaining the reliable service customers depend on to keep their air conditioning running on hot summer days and lights on year-round. In its 2023 All-Source Request for Proposal (RFP), APS is asking developers to submit project proposals for flexible and innovative energy resources that will fuel increasing power needs as more people and businesses move to Arizona.
