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Stock impact report

Arizona Utilities Plan to Join Markets+ to Strengthen Grid Reliability and Resilience

Pinnacle West Capital Corporation (PNW) 
Last pinnacle west capital corporation earnings: 2/21 08:40 am Check Earnings Report
US:NYSE Investor Relations: pinnaclewest.com/investors
Company Research Source: Business Wire
Customers to benefit from more savings, greater resource diversity and expanded transmission pathways PHOENIX & TUCSON, Ariz.--(BUSINESS WIRE)--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.Along with other western utilities, Markets+ is anticipated to help the Arizona energy providers respond efficiently to market price changes and regional weather ev Show less Read more
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