market to market (M2M)
SPP's Monitor released a paper detailing a study of generator self-commitments in the market, yielding evidence they exert downward pressure on prices.
SPP told the Seams Steering Committee they have begun preliminary interregional transmission planning discussions with Canadian electric utility SaskPower.
SPP members moved to eliminate Z2 revenue credits for sponsored transmission upgrades, the source of years of stakeholder frustrations and jokes.
FERC established briefing procedures for MISO and SPP as it investigates “overlapping and duplicative” congestion charges on pseudo-tie transactions.
The NYISO Business Issues Committee approved several manual and Tariff revisions, and received the monthly Broader Regional Markets and operations reports.
The SPP Seams Steering Committee discussed last month's level 1 energy emergency alert and, the RTO's 3rd unsuccessful attempt to partner with MISO.
The possibility of a MISO-SPP transmission expansion must wait, as the RTOs concluded their third coordinated system plan without a single project.
SPP and MISO will hold a conference call to discuss their interregional process and joint projects — of which there are currently none.
Despite being revamped, the Coordinated System Plan process between SPP and MISO will once again be unable to identify any interregional projects.
SPP collected $1.65 million in M2M payments from MISO in April, pushing the total to $62.5 million since the two RTOs began the process in March 2015.
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