SPP became the first Regional Transmission Organization (RTO) to design, build, and bring a Day 2 market on time when the Integrated Marketplace became financially binding at midnight March 1, 2014. The Integrated Marketplace and its Day-Ahead Market, Real-Time Balancing Market, and Congestion Hedging Markets is expected to yield up to $100 million in annual net benefits to SPP's RTO region.
As an RTO, SPP is mandated by the Federal Energy Regulatory Commission to ensure reliable supplies of power, adequate transmission infrastructure, and competitive wholesale prices of electricity. As a North American Electric Reliability Corporation Regional Entity, SPP oversees compliance enforcement and reliability standards development. SPP has members in nine states. Read more About SPP, What We Do or SPP Fast Facts.
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SPP launches Order 1000 Process
As one of the elements necessary to comply with FERC's Order 1000, SPP has developed a Transmission Owner Selection Process (TOSP) to allow competitive bidding on certain transmission projects. Transmission facilities that meet the criteria contained in Attachment Y, Section I.1 of the SPP Tariff and are approved for construction by the SPP Board of Directors after Jan. 1, 2015, are known as Competitive Upgrades. SPP will solicit proposals for Competitive Upgrades from Qualified RFP Participants (QRP) using the TOSP.
SPP began the QRP application process April 1, 2014. All entities that desired to participate in the TOSP had to apply by June 30 for participation in 2015.
The Industry Expert Panel page is available as part of the TOSP. This page contains a link to the Industry Expert Candidate Application and Application Instructions.
The Detailed Project Proposal (DPP) page is also available as part of the TOSP. This page contains a link to the DPP Submittal Form and instructions for its use.
For more information, send your questions via SPP's Request Management System or contact SPP Customer Relations.