SPP Marketing Monitoring Unit (MMU)
SPP
FERC accepted SPP’s revisions to its WEIS market tariff related to the residual supply index and ensuring that affiliated market participants’ resources are evaluated together.
SPP
SPP’s REAL Team approved base planning reserve margins and a sufficiency valuation curve, codifying months of work.
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ERCOT hired Keith Collins, who directs SPP’s Market Monitoring Unit, as its new vice president of market operations to replace Kenan Ögelman.
Basin Electric
SPP told members the EPA’s final rule curbing greenhouse gas emissions from power plants could hamper the nation’s ability to provide reliable service during the “swift” transition from fossil fuels to renewables.
SPP
FERC rejected SPP’s proposed market power test for the Western Energy Imbalance Service, saying it gave the Market Monitor too much discretion.
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SPP stakeholders asked two working groups to consider compromise language on a pair of tariff revisions related to resource adequacy policies.
SPP
SPP says it expects “normal” summer operations in its balancing authority and reliability coordinator areas this summer, despite a projected drought.
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SPP members and its board have embraced an advisory group’s report on a fast-approach future grid and directing work to address the group’s recommendations.
NOAA
SPP will implement major components of its Markets+ governance structure next year and also explore launching a transitional real-time balancing market.
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SPP’s board gave its state regulators the go-ahead to file a tariff change allowing LREs to receive exemptions for not meeting their PRM obligation.
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