As it turns five, Southwest Power Pool’s Integrated Marketplace is saving billions and enabling big changes in energy dispatch
On March 1, 2019, Southwest Power Pool marks the five-year anniversary of the launch of its wholesale electricity market, the Integrated Marketplace. Working in tandem with SPP’s other services, the Integrated Marketplace has produced the lowest wholesale electricity costs in the nation, saved SPP’s market participants cumulatively more than $2.7 billion and enabled access to renewables at a degree previously unimaginable, among providing other benefits to SPP’s stakeholders and the region as a whole.Read More
Southwest Power Pool board outlines 2019 goals, approves new rate schedules and endorses 2018 transmission planning report
At the Jan. 29 Southwest Power Pool (SPP) Board of Directors and Members Committee meeting in New Orleans, stakeholders got a preview of the organization’s primary goals for the upcoming year, elected several new representatives, approved the preliminary design of mechanisms to modernize SPP’s cost-recovery processes and endorsed a list of proposed transmission upgrades to be constructed over the next five years.Read More
On Oct. 30, Southwest Power Pool (SPP), a regional power grid operator that ensures access to reliable and affordable electricity, held its quarterly board meeting and annual meeting of members in Little Rock, Arkansas. SPP’s members elected Darcy Ortiz of Phoenix, Arizona, and Susan Certoma of New York City to the company’s board of directors. They will replace former board chairman Jim Eckelberger and former vice chairman Harry Skilton, who will transition to emeritus roles and continue to advise the board. The appointments are effective Jan. 1, 2019.Read More
Southwest Power Pool, Little Rock School District partner to enhance STEM education for local students
LITTLE ROCK, ARK. - Southwest Power Pool (SPP), a Little Rock-based grid operator in the electric utility industry, wants to ensure students in its community have every opportunity to pursue rewarding careers in technical fields without leaving their home state. SPP has joined with the Little Rock School District (LRSD) to bolster science, technology, engineering and mathematics (STEM) education beginning with elementary school students districtwide.Read More
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the summer 2018 period, which covers June through August 2018.Read More
Southwest Power Pool (SPP) proudly welcomes recent commitments by a number of western utilities to receive its Reliability Coordinator (RC) services when they launch in late 2019. Having served as an RC in the Eastern Interconnection for more than two decades, SPP will ensure the reliability of the bulk electric system in the west on behalf of ...Read More
As Southwest Power Pool (SPP) continues negotiations to provide reliability coordination in the Western Interconnection, on Aug. 20 it took another step in the westward expansion of its services. A group of six utilities have selected SPP to administer the Western Interconnection Unscheduled Flow Mitigation Plan (WIUFMP), a blueprint for the use of certain controllable devices in the mitigation of congestion along transmission lines in the west.Read More
SPP opens lines of communication with western reliability-coordination customers with new stakeholder forum
Following its June 5 announcement that SPP would look to provide reliability-coordination services in the Western Interconnection, the regional transmission organization (RTO) and North American Reliability Corporation (NERC)-certified Reliability Coordinator (RC) convened Aug. 2 with interested parties at the first meeting of its new Western Reliability Working Group (WRWG).Read More
SPP board directs construction of high-voltage transmission projects in 6 states, discusses growth in the west, hears stakeholder reports
More than a hundred of Southwest Power Pool’s (SPP) members and stakeholders gathered in Omaha on July 31 for the regional transmission organization’s (RTO) quarterly board of directors and members committee meeting. Among other actions, the board approved the 2018 Integrated Transmission Plan Near-Term (ITPNT) Assessment, requiring SPP members to construct 13 new transmission projects in six states over the next five years, at an estimated total investment of $47 million. These upgrades are expected to resolve 101 anticipated reliability needs on the electric grid, resulting primarily from increased electric consumption expected in certain areas of the region and from announced generation retirements in eastern Kansas and western Missouri.Read More
Spring 2018 Quarterly State of the Market Report highlights load changes, energy prices and auction revenue rights
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the spring 2018 period, which covers March through May 2018. Highlights for the period include:
• Higher load due to lower than normal temperatures in March and April, and much higher than normal temperatures in May.
• Energy prices remained low, with spring prices averaging around $23/MWh.
• Decrease in intervals that experienced negative energy prices.
• A discussion of auction revenue rights is included in the special issues section of the report.