market to market (M2M)
SPP stakeholders agreed to amend a two-year-old policy paper and clarify when FERC approval would be needed for cost allocation towards some seams projects.
The Southwest Power Pool (SPP) says it has successfully implemented system changes required by FERC Order 809, improving gas-electric coordination.
MISO and PJM are close to implementing a targeted market efficiency project type and poised to approve six such projects with cross-regional benefits.
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 set yet another wind penetration record, surpassing ERCOT, while the Seams Steering Committee agreed to a joint transmission study with MISO.
MISO stakeholders say they do not expect perfect procedures at the seams with neighboring balancing areas, but they do want the RTO to implement reforms.
SPP and MISO staff told stakeholders a memorandum of understanding between the two RTOs will solve most remaining problems with their M2M process.
FERC is hesitant to consider a regional cost allocation methodology for seams projects outside of an Order 1000 process, SPP said.
A summary of issues discussed by the SPP Seams Steering Committee on Feb. 3, 2016, including a JOA with SaskPower and joint stakeholder meetings with MISO.
The MISO board’s Markets Committee met at Potomac Economics headquarters in Fairfax, Va., to review the Market Monitor’s quarterly metrics report and its monitoring procedures.
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