BREAKING: The Integrated Marketplace is live!
SPP became the first Regional Transmission Organization (RTO) to design, build, and bring a day-ahead market on time when the Integrated Marketplace became financially binding at 12:05 a.m. 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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|SPP and its members work closely with state regulators. SPP's Regional State Committee (RSC), comprised of regulatory commissioners from SPP's member states, has primary responsibility for: cost allocation for transmission upgrades; allocation of firm transmission rights in SPP's markets; and approach for regional resource adequacy. SPP files the RSC's methodologies in these areas with FERC under the Federal Power Act.
||Wind energy continues to play a major role in SPP's RTO footprint, with multiple records this year for wind-generation peaks. The latest came October 10, when the footprint generated 6,816 megawatts of electricity. Wind generation accounted for 32.8% of the load at one point; that record is 33.4%, set back in April. |