SPP became the first Regional Transmission Organization (RTO) to design, build, and bring a Day 2 market on time when the Integrated Marketplace became financially binding at midnight March 1. The Integrated Marketplace and its Day-Ahead Market, Real-Time Balancing Market, and Congestion Hedging Markets is expected to yield up to $100 million in annual net benefits to SPP's RTO region.
As an RTO, SPP is mandated by the Federal Energy Regulatory Commission to ensure reliable supplies of power, adequate transmission infrastructure, and competitive wholesale prices of electricity. As a North American Electric Reliability Corporation Regional Entity, SPP oversees compliance enforcement and reliability standards development. SPP has members in nine states. Read more About SPP, What We Do or SPP Fast Facts.
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As one of the elements necessary to comply with FERC's Order 1000, SPP developed the Transmission Owner Selection Process (TOSP) to allow competitive bidding on certain transmission projects. Transmission Facilities that meet the criteria contained in Attachment Y, Section I.1 of the SPP Tariff and are approved for construction (or are endorsed by the SPP Board of Directors) after January 1, 2015 are known as Competitive Upgrades. SPP will solicit proposals for Competitive Upgrades from Qualified RFP Participants (QRP) utilizing the TOSP.
SPP began the QRP application process April 1. All entities that desire to participate in the TOSP must apply. To begin the application process you may download the QRP Application and Application Instructions from the Order 1000 page on SPP.org and follow the link to the QRP Overview.
Applications must be submitted no later than June 30, 2014 for participation in 2015.
For more information, send your questions via SPP RMS or contact SPP Customer Relations.
2015 ITP10 And ITPNT Preliminary Models have been posted.