November 15, 2024
SPP’s M2M Payments to MISO Continued in September
The recent trend of SPP sending market-to-market payments to MISO continued in September, but that trend may reverse itself in the months to come.

SPP’s recent trend of sending market-to-market payments to MISO continued in September, but that trend figures to reverse itself in the months that follow.

SPP’s Gerardo Ugalde told the Seams Steering Committee on Wednesday that the RTO sent $1.66 million to MISO as a result of temporary and permanent flowgates with the ISO. It was the third straight month the M2M process has resulted in a payment from SPP to MISO.

SPP market-to-market- settlements with MISO
| SPP

“We don’t foresee this showing up in November,” Ugalde said. “This seems to be a seasonal change, where the flows flip.”

Temporary flowgates resulted in 591 hours of binding M2M and $1.14 million in charges from SPP to MISO; permanent flowgates added another $517,000 in M2M charges to the RTO as a result of 441 hours binding.

SPP Interregional Coordinator Adam Bell reminded stakeholders of a Nov. 30 deadline to submit projects they would like to see included in a potential joint study with the ISO as part of the 2016 Coordinated System Plan. (See “SPP, MISO Shared Joint Study Needs List,” SPP Briefs.)

Bell said initial discussions have been held with MISO to use the targeted study as the “foundation” for a “much broader study” next year. He said progress has been slow in developing coordinated system plans with both the ISO and Missouri-based Associated Electric Cooperative Inc.

Tom Kleckner

MISOOther SPP CommitteesSPP/WEIS

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