Press Releases

May 11, 2018

SPP Market Monitor’s Annual State of the Market Report shows competitive markets, recommends steps for enhanced flexibility and efficiency

The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its 2017 Annual State of the Market Report. The report presents an overview of market design and market outcomes, assesses market performance and provides recommendations for improvement.

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May 1, 2018

Winter 2018 Quarterly State of the Market Report highlights congestion trends, energy prices, a discussion of winter weather events, and more

The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the winter 2018 period. Highlights for the winter include:
• Energy prices remained low, with winter prices averaging around $24/MWh.
• Gas prices remained low, with the exception of a spike in January.
• High levels of congestion continued at the Neosho-Riverton constraint.

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March 13, 2018

Southwest Power Pool, Mountain West Transmission Group move closer to RTO membership for western entities

On March 13, Southwest Power Pool’s (SPP) board of directors approved the next phase of the continuing effort to integrate the Mountain West Transmission Group into the regional transmission organization’s (RTO) membership. The board’s vote is the culmination of more than a year of negotiations regarding the terms and conditions of Mountain West’s proposed membership in the SPP RTO and participation in SPP’s wholesale electricity markets. It represents a vote of confidence in the value of Mountain West’s membership and the benefits it will bring to SPP’s existing members, the Mountain West entities and the customers served by both.

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January 22, 2018

Fall 2017 Quarterly State of the Market Report highlights energy pricing trends, generation by wind resources, a discussion of negative prices and more

The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its Quarterly State of the Market Report for the fall 2017 period. Highlights for the fall include:

Energy prices were low, with October prices averaging around $18/MWh.
- Gas prices remained low and even.
- The percentage of generation provided by wind resources continued to climb, while generation provided by coal-powered resources continued to decline.
- Negative prices increased in the SPP market in 2017, which is highlighted in the special issues section of the report.

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December 4, 2017

SPP sets wind and renewable penetration records

Southwest Power Pool set three wind- and renewable-related records on the morning of Dec. 4, 2017.

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October 30, 2017

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.

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August 21, 2017

Grid operator Southwest Power Pool keeps the lights on during August 21 eclipse

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.

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July 25, 2017

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.

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July 12, 2017

SPP seeks industry experts to assess competitive transmission project proposals

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.

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May 2, 2017

Keith Collins to oversee Southwest Power Pool Market Monitoring Unit beginning June 1, 2017

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.

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