incremental long-term congestion rights (ILTCRs)
FERC approved SPP’s proposal to eliminate revenue credits for sponsored transmission upgrades under Attachment Z2 and replace them with incremental long-term congestion rights.
SPP’s Board of Directors approved the first two revision requests stemming from the Holistic Integrated Tariff Team’s work.
SPP CEO Barbara Sugg assured stakeholders the RTO is taking careful steps to reopen while the pandemic still rages, making clear it will be a slow process.
FERC rejected SPP’s request to eliminate Z2 revenue credits for sponsored transmission upgrades, allowing the RTO to submit a revised proposal.
SPP’s Regional State Committee endorsed the elimination of revenue credits for sponsored transmission upgrades and the transmission planning assessment.
SPP members moved to eliminate Z2 revenue credits for sponsored transmission upgrades, the source of years of stakeholder frustrations and jokes.
The SPP Z2 Task Force conducted a series of votes to determine potential alternatives to the RTO’s cumbersome crediting system for transmission upgrades.
The SPP Z2 Task Force came no closer to a solution for the complicated crediting process during a meeting cut short by weather.
SPP stakeholders are pondering the use of incremental long-term congestion rights to help solve some of the complexity with the RTO’s Z2 crediting process.
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