SPP Markets and Operations Policy Committee
SPP staff and stakeholders spent much of last week’s virtual Markets and Operations Policy Committee meeting discussing resource adequacy.
SPP’s MOPC approved two revision requests related to resource adequacy requirements that members had set aside during its meeting earlier this month.
SPP and MISO plan to apply for grants from the Department of Energy to help fund five transmission projects recently identified in their JTIQ work.
SPP staff are finalizing a mitigation strategy for load-responsible entities unable to meet the grid operator’s new 15% planning reserve margin.
SPP members approved a revision request that will allow staff to complete an energy management system upgrade in a timely fashion and reduce project costs.
SPP is pushing a hybrid approach to its congestion-hedging process by first equitably allocating congestion rights and then increasing the pool of awards.
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.
SPP staff have chosen a hybrid approach to improve its transmission and congestion-hedging markets, focusing on equitably allocating congestion rights first.
SPP stakeholders approved the ability of market participants facing fuel limitations to include opportunity costs in their mitigated offers.
SPP and its members have agreed to boost the reserve margin to 15% but remain at odds over the timing of the increase following "contentious" MOPC discussions.
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