Southwest Power Pool, Inc. manages the electric grid and wholesale power market for the central United States. As a regional transmission organization, the nonprofit corporation is mandated by the Federal Energy Regulatory Commission to ensure reliable supplies of power, adequate transmission infrastructure and competitive wholesale electricity prices. Southwest Power Pool and its diverse group of member companies coordinate the flow of electricity across approximately 60,000 miles of high-voltage transmission lines spanning 14 states. The company is headquartered in Little Rock, Ark.
Derek Wingfield, (501) 614-3394
Dustin Smith, (501) 482-2085
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Summer 2017 Quarterly State of the Market Report highlights energy pricing trends, new scarcity pricing methodology and more
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the summer 2017 period. Highlights for the summer include:
- Energy prices were higher for July, mostly due to higher demand.
- Gas prices remained low and steady.
- The percentage of generation provided by wind resources continued to climb, while generation provided by coal-powered resources continued to decline.
- In August, SPP implemented new methodology for scarcity pricing, as well as changes to the market design for jointly-owned units.
Electrically, Aug. 21 was just another day for Southwest Power Pool (SPP), whose accurate forecasts and skilled real-time operations staff ensured that lights (and air conditioners) stayed on without interruption even while darkness fell at midday across its 14-state footprint during the totality of a solar eclipse.Read More
Southwest Power Pool to dissolve regional entity, focus on regional transmission organization functions
LITTLE ROCK, Ark. — Southwest Power Pool, Inc. (SPP) and the North American Electric Reliability Corporation (NERC) have mutually agreed to terminate the Amended and Restated Delegation Agreement between North American Electric Reliability Corporation and Southwest Power Pool, Inc. On July 23, 2017, the SPP Regional Transmission Organization’s (RTO) board of directors and members committee voted to authorize President and Chief Executive Officer Nick Brown to terminate the delegation agreement at the appropriate time, which will effectively dissolve the SPP Regional Entity (RE). The SPP RE Trustees approved a resolution on July 24, 2017 endorsing the decision.Read More
Southwest Power Pool, Inc. (SPP) is accepting applications to create a pool of industry experts. These experts may be chosen to serve on an independent panel to review competitive transmission construction proposals in 2018.Read More
The five independent directors comprising Southwest Power Pool’s (SPP) Oversight Committee voted April 13, 2017, to name Keith Collins the new executive director of SPP’s Market Monitoring Unit (MMU), effective June 1, 2017.Read More
A report from an affiliation of independent electric grid operators concludes that the future of the North American power grid depends on effectively adding renewables to the grid, the accuracy and availability of data from “behind-the-meter” resources and coordinating these distributed energy resources at the grid operator level to preserve reliability.Read More
Southwest Power Pool set a wind-penetration record of 52.1 percent at 4:30 a.m., Feb. 12, becoming the first regional transmission organization (RTO) in North America to serve more than 50 percent of its load at a given time with wind energy. The milestone beats a previous North American RTO record of 49.2 percent that SPP set April 24, 2016. Wind penetration is a measure of the amount of total load served by wind at a given time.Read More
Southwest Power Pool (SPP) on Feb. 7 received notice that the U.S. Department of Energy (DOE) approved an application to export energy to Saskpower, Saskatchewan’s leading electricity supplier. Terms of the 5-year export license specify that SPP may export up to 150 MW of instantaneous power and up to 900 GWh of power during any consecutive 12-month period.Read More
SPP’s Sugg testifies to lawmakers that electric utility industry is committed to security of the power grid
At today’s House Subcommittee on Energy hearing titled “The Electricity Sector’s Efforts to Respond to Cybersecurity Threats,” Southwest Power Pool (SPP) Vice President of Information Technology and Chief Security Officer Barbara Sugg testified on behalf of the ISO-RTO Council (IRC) — of which SPP is a member — an association of North American regional transmission organizations and independent system operators that ensure electric reliability and oversee wholesale electricity markets in their respective regions.Read More