Southwest Power Pool (SPP)
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
The SPP Strategic Planning Committee agreed to take up the contentious issue of cost shifts when new members join existing transmission-pricing zones.
SPP stakeholders approved a 12% planning reserve margin, a new demand curve and 10 revision requests at the Markets and Operations Policy Committee meeting.
SPP stakeholders endorsed $201.5 million in transmission projects despite objections from several entities.
The SPP Z2 Task Force came no closer to a solution for the complicated crediting process during a meeting cut short by weather.
FERC rejected Vote Solar’s request that the commission reconsider its decision not to enforce the PURPA against Montana regulators.
Mountain West Transmission Group has said it will enter discussions with SPP to explore the possibility of joining the RTO.
SPP has filed an application with the DOE to transmit electricity from the U.S. into Canada, using Basin Electric’s existing transmission.
SPP stakeholders agreed to amend a two-year-old policy paper and clarify when FERC approval would be needed for cost allocation towards some seams projects.
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