market to market (M2M)
SPP staff are conducting internal discussions on how they manage MISO constraints in the day-ahead market as part of the RTOs’ market-to-market process.
MISO and SPP say this year’s coordinated system plan study will focus on “solutions to historical, persistent congestion issues” on the RTOs’ seam.
SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.
An SPP task force out to consolidate transmission planning processes and associated cost-sharing mechanism is just getting started.
SPP’s market-to-market settlements with MISO exceeded $20 million in October for the second time in 12 months.
FERC allowed MISO and SPP to use a predictive flow factor process to correct overlapping congestion charges between the two on pseudo-tied loads and resources.
SPP accrued $21.65 million in market-to-market settlements with MISO during August and September, pushing the total to an all-time high of $183 million.
SPP staff are considering changes to the reports of the RTO's market-to-market activities with MISO that they share with stakeholders.
SPP accrued $13.25 million in market-to-market settlements from MISO for April, pushing its total to $146.63 million since the process began in 2014.
SPP said it expects normal conditions and no extreme operation situations within its balancing authority and reliability coordinator footprints this summer.
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