SPP/WEIS
American Electric Power’s third-quarter figures beat expectations with earnings of $734 million, up from $578 million over the same period in 2018.
Xcel Energy reported earnings of $527 million ($1.01/share) for the quarter, up from $491 million the same period a year ago ($0.96/share).
SPP stakeholders debated a future that could be different from the one they are planning for, but cost concerns have prevented them from changing course.
SPP Chairman Larry Altenbaumer took the wraps off an eight-month value and affordability study conducted behind closed doors.
SPP members moved to eliminate Z2 revenue credits for sponsored transmission upgrades, the source of years of stakeholder frustrations and jokes.
NextEra Energy touted “one of the best renewable development periods” in its history and reported third-quarter earnings that beat analysts’ expectations.
Google, the world’s ubiquitous search engine, made its SPP membership official at October’s Markets and Operations Policy Committee meeting.
SPP extended its record for wind energy production to 17,595 MW on Oct. 17, the RTO announced.
FERC set Xcel’s challenge to GridLiance High Plains’ ATRR to for settlement procedures, and approved Evergy Kansas Central's settlement.
FERC issued orders implementing rulemaking to eliminate barriers to energy storage’s participation in electric markets, accepting PJM's and SPP's proposals.
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