Southwest Power Pool sets new peakload record Southwest Power Pool set a new peakload record on Thursday, reaching 50,622 MW at 4:47 pm CDT (2147 GMT), surpassing the previous record of 50,083 MW at 4:35 pm on July 20. The new record includes the expansion of the Integrated System, which joined SPP last year, SPP … Continue reading Southwest Power Pool sets new peakload record
FERC audit pushes greater independence for SPP market monitor Aside from the California ISO, SPP is the only regional grid operator without an independent market monitoring unit, RTO Insider points out. And judging by the grid operator’s statement, that appears unlikely to change. “We’re pleased the auditors found no instances in which SPP exerted inappropriate … Continue reading FERC audit pushes greater independence for SPP market monitor
Cheap natural gas, high wind output stifle SPP power prices: report Low natural gas prices and high wind output pushed down real-time average locational marginal prices in the Southwest Power Pool in the spring, compared with the winter and with spring 2015, the SPP said Wednesday. SPP’s internal market monitor filed on Wednesday a Quarterly … Continue reading Cheap natural gas, high wind output stifle SPP power prices: report
SPP: Expanding wind energy, cheap natural gas tamps down power prices A rise in wind power, combined with sustained low gas prices, has sent power prices on the SPP grid spiraling in the last two years. “The lengthy decline in gas costs continues to have a major impact on energy markets,” according to a report … Continue reading SPP: Expanding wind energy, cheap natural gas tamps down power prices
Southwest Power Pool’s old-wires upgrade charges ‘shock’ Texas regulators Texas regulators on Thursday expressed “shock” that Southwest Power Pool has requested payment from utilities over 10 months for locally allocated costs of transmission upgrades approved over a period of more than eight years — amounts that could approach $100 million. Donna Nelson, Public Utility Commission … Continue reading Southwest Power Pool’s old-wires upgrade charges ‘shock’ Texas regulators
Fort Calhoun reactor may shut by year-end Houston, 31 May (Argus) — The Omaha Public Power District (OPPD) board is expected to vote in June to close the 478MW Fort Calhoun nuclear plant in Nebraska at the end of the year, 17 years before its license expires as the reactor becomes another victim of low … Continue reading Fort Calhoun reactor may shut by year-end
Nebraska Utility Head Recommends Closing Nuclear Power Plant The head of a Nebraska utility recommended shutting down the nation’s smallest nuclear power plant by the end of the year, saying Thursday that it doesn’t make economic sense to keep it open. Tim Burke, the president and CEO of the Omaha Public Power District, told the … Continue reading Nebraska Utility Head Recommends Closing Nuclear Power Plant
Power industry preps to take on CFTC proposal on private actions The Commodity Futures Trading Commission is trying to open the door for individuals and companies trading energy in wholesale power markets to sue electric grid operators under a federal anti-manipulation law. CFTC has announced a proposed amendment to legal exemptions granted in 2013 to … Continue reading Power industry preps to take on #CFTC proposal on private actions
SPP Board Votes to Lower Planning Reserve Margins, Award First Competitively Bid Project, Approve $363M in Transmission Upgrades LITTLE ROCK, AR –(Marketwired – April 26, 2016) – Southwest Power Pool’s (SPP) board of directors today approved two recommendations, lowering the regional transmission organization’s (RTO) planning reserve margin and naming the designated transmission owner (DTO) responsible … Continue reading SPP Board Votes to Lower Planning Reserve Margins, Award First Competitively Bid Project, Approve $363M in Transmission Upgrades
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