Southwest Power Pool (SPP)
The National Association of Regulatory Utility Commissioners (NARUC) held its annual meeting where new President Nick Wagner expressed his vision for 2019.
FERC approved NERC’s revised geomagnetic disturbance reliability standard, which requires grid operators to collect data and imposes deadlines for actions.
FERC moved to apply its proposed new methodology for calculating transmission owners’ return on equity rates to dockets in MISO and the South.
FERC would no longer review mergers valued at less than $10 million under a Notice of Proposed Rulemaking.
Transmission owners will be required to reduce their rates to reflect reduced corporate income taxes under a proposal issued by FERC.
FERC clarified that rehearing requests on Order 845 did not delay its effective date, only the date that compliance filings are due.
MISO, SPP and their stakeholders have been flummoxed in recent years by market coordination. At the NARUC annual meetinig, the regulators stepped in.
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
MISO and SPP agreed to file changes to their joint operating agreement that they say will smooth the approval of interregional projects.
Public Utility Commission of Texas Chair DeAnn Walker said she asked ERCOT, SPP and MISO to collaborate on their reliability coordination agreements.
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