Colorado regulators OK Xcel Energy’s plan to join power marketplace, despite cost concerns

Colorado regulators OK Xcel Energy’s plan to join power marketplace, despite cost concerns

Despite concerns from its staff, consumer and conservation groups, the Colorado Public Utilities Commission has endorsed a plan by Xcel Energy to join a new regional marketplace for wholesale electricity. Two of the three PUC members voiced support in a hearing Wednesday for Xcel’s application to join the Southwest Power Pool’s Markets+, a so-called day-ahead market being formed by the Arkansas-based transmission organization and about 30 organi…