November 21, 2024

FERC rejects Southwest Power Pool’s market reforms for long-lead resources

SPP’s proposal aimed to boost participation for the market’s ~34 gigawatts of slower starting resources.

Rejection Notice: FERC nixed Southwest Power Pool's (SPP) plan to enhance day-ahead market participation for long-lead resources. The proposal was deemed by FERC to pose increased risks of market manipulation for the resources, characterized by long start-up times, minimum downtimes, or extended transition states. The commission also found the proposal lacked demonstrated economic benefits. The Backstory: SPP proposed a Multi-Day ...

Details:

Filing Date: November 21, 2024

Docket Numbers:

ER24-2520

Short Summary:

FERC nixed Southwest Power Pool’s (SPP) plan to enhance day-ahead market participation for long-lead resources. The proposal was deemed by FERC to pose increased risks of market manipulation for the resources.

Impact Level:

Categories:

Policies & Rulemakings

Tags: Day-Ahead Market, Market Enhancements

Entities: Southwest Power Pool

Markets: Southwest Power Pool (SPP)

Regions: West

States:

Regulators: FERC

Courts:

Documents:

Tariff – Amendment – Order Rejecting