Southwest Power Pool (SPP)
SPP’s Regional State Committee (SPP RSC) accepted a working group’s proposal to leave unchanged their safe-harbor thresholds.
FERC approved SPP’s new rules for how it commits and pays “multi-configuration” combined cycle plants.
The Southwest Power Pool Z2 Task Force does not appear close to a solution for replacing its bedeviling crediting system for transmission upgrades.
Xcel Energy reported fourth-quarter revenue of $2.8 billion, up from $2.65 billion a year ago, but short of the expected $3.5 billion.
FERC rejected SPP’s proposed method for measuring generators’ reactive power, saying it said would result in excessive and unnecessary costs.
Southwest Power Pool members elected 40-year industry veteran Mark Crisson to the RTO’s Board of Directors Tuesday, expanding the board to 10 members.
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
The SPP Strategic Planning Committee agreed to take up the contentious issue of cost shifts when new members join existing transmission-pricing zones.
SPP stakeholders approved a 12% planning reserve margin, a new demand curve and 10 revision requests at the Markets and Operations Policy Committee meeting.
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