Self-committing in SPP markets: Overview, impacts, and recommendations
The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released a report, “Self-committing in SPP markets: Overview, impacts, and recommendations”. Highlights from the report include:
- The volume of self-committed megawatts has declined over time, but remains nearly half of the recent megawatt volume.
- In almost all cases, self-committed generators had lower revenues because of negative congestion prices; whereas, market-committed generators typically had both positive and negative congestion prices.
- Resources with long lead times and/or high start-up costs tend to be self-committed instead of market-committed.
- In order to improve price formation and market efficiency, we recommend SPP and stakeholders work to reduce the incidence of self-commitments.
For more details, the entire report can be found at https://www.spp.org/documents/61118/spp%20mmu%20self-commit%20whitepaper.pdf.
To register for this event, click the Register button to the right. Attendance options (e.g., in-person, teleconference, web conference) are also noted to the right. You must have an account and log in before registering for events on SPP.org. To log in or create an account, click the buttons at the top right of the screen.
Documents related to this event, including agendas and other meeting materials, will display below this message once posted.
If you have questions about this event, contact the individual whose name, telephone number, and email address appear to the right.