SPP Reaps $1.65M in April M2M Payments
Jun 16, 2019
SPP collected $1.65 million in M2M payments from MISO in April, pushing the total to $62.5 million since the two RTOs began the process in March 2015.
SPP collected another $1.65 million in market-to-market (M2M) payments from MISO in April, pushing the total to $62.5 million since the two RTOs began the process in March 2015.
SPP staff told the Seams Steering Committee on June 11 that 33 temporary flowgates were binding for 585 hours, resulting in more than $934,000 in M2M bills. It was the 25th month in the last 31 in which M2M distributions have flowed in SPP’s direction.
Eight permanent flowgates were binding for 142 hours, accounting for more than $720,000.
— Tom Kleckner