Mitigating Market Volatility in SPP
The development of more wind farms and solar arrays, along with conventional unit retirements and high natural gas prices have increased volatility in the Southwest Power Pool (SPP) marketplace. While natural gas prices will continue to fluctuate the transition from conventional resources to renewable generation will continue. Several new measures have been approved through the SPP stakeholder process to mitigate market volatility and improve reliability across the region.
We’ve summarized these new measures below to help you understand the implications for municipalities and cooperatives and prepare for upcoming changes in SPP.