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May 22, 2015 6:50 PM ET

Electric Utilities

Company Overview of Southwest Power Pool, Inc.

Company Overview

Southwest Power Pool, Inc. operates as a regional transmission organization. It provides coordination and tariff administration, regional engineering model development, planning and operating studies, assessment studies, a computer-based telecommunications network, regional transaction scheduling, and operating reserve sharing services for its members. The company was founded in 1941 and is based in Little Rock, Arkansas.

415 North Mckinley

Suite 140

Plaza West

Little Rock, AR 72205

United States

Founded in 1941

Phone:

501-614-3200

Fax:

501-664-9553

Key Executives for Southwest Power Pool, Inc.

President
Age: 72
Compensation as of Fiscal Year 2014.

Southwest Power Pool, Inc. Key Developments

FERC Accepts Order No. 1000 Interregional Filings by Southwest Power Pool Inc. and Midcontinent Independent System Operator Inc

The Federal Energy Regulatory Commission accepted Order No. 1000 interregional filings by Southwest Power Pool Inc. and Midcontinent Independent System Operator Inc. The two regions agreed on many revisions to their joint operating agreement (JOA) related to transmission coordination but disagreed on certain cost allocation methods that must be addressed in further compliance filings. Order No. 1000 requires neighboring transmission planning regions to identify and jointly evaluate interregional transmission facilities, which are facilities located in two or more neighboring transmission planning regions that may be more efficient or cost-effective solutions to the transmission needs of individual regions. It does not require an interregional transmission plan or interconnection-wide planning. Given their disagreement on interregional cost allocation, SPP and MISO filed competing proposals. Present order accepts both filings' proposed use of adjusted production costs to measure benefits in allocating the costs of interregional transmission facilities addressing economic needs. To allocate the costs of an interregional transmission facility meant to address reliability needs, the order accepts SPP's proposal to use a combination of avoided cost and adjusted production cost savings. MISO proposed to use only adjusted production cost and so was given 60 days to file revisions to its version of the JOA to adopt SPP's costs allocation method. Neither proposed an acceptable cost allocation method for interregional transmission facilities addressing regional transmission needs driven by public policy requirements. The order gives the grid operators 60 days to file a new cost allocation method for such projects. Present order notes, however, that to the extent SPP and MISO propose different interregional cost allocation methods for interregional transmission facilities addressing regional transmission needs driven by reliability, economics, and public policy requirements than accepted in the order, the Commission will address those proposed interregional cost allocation methods in the order on compliance.

Accenture Enables Southwest Power Pool to Successfully Launch Integrated Marketplace

Accenture and Southwest Power Pool (SPP) announced the successful launch of SPP's integrated marketplace in which market participants buy and sell wholesale energy and reserves in both a day-ahead and real-time market through the operation of a single, consolidated SPP balancing authority. Now, through the integrated marketplace, SPP is able to coordinate next-day generation across the region and provide participants with greater access to reserve energy. Reportedly, the marketplace helps SPP improve regional balancing of electricity supply and demand and to integrate renewable resources. Also, the day-ahead market provides participants with a mechanism to hedge against transmission congestion charges through the allocation and settlement of transmission congestion rights.

Federal Energy Regulatory Commission Issues Order to Southwest Power Pool, Inc. on Compliance Filing

The U.S. Department of Energy's Federal Energy Regulatory Commission issued the order on Compliance Filing. On April 26, 2013, Southwest Power Pool, Inc. submitted a compliance filing regarding the Market Participant registration freeze for the Integrated Marketplace and Energy Imbalance Service market. Pursuant to authority delegated to the Director, Division of Electric Power Regulation - Central, under 18 C.F.R. section 375.307, the submittal in the above referenced docket is accepted for filing effective April 1, 2013, as requested. Notice of the filing was published in the Federal Register with interventions or protests due on or before Mary 17, 2013. No adverse comments or protests were filed. Notices of intervention and unopposed timely filed motions to intervene are granted pursuant to the operation of Rule 214 of the Commission's Rules of Practice and Procedure (18 C.F.R. section 385.214). Any opposed or untimely filed motion to intervene is governed by the provisions of Rule 214.

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