The Southwest Power Pool’s independent market monitor has pushed back against a stop-gap resource adequacy plan for SPP’s Western balancing area, telling FERC the proposal should be rejected. The monitor’s main concern is that the plan would stifle markets, according to Utility Dive.
The plan is meant to serve as an interim resource adequacy framework, but the market monitor’s criticism goes to the heart of how the regional market would function. Rather than a narrow technical dispute, the objection suggests the proposal could weaken competitive incentives in the balancing area.
FERC has not yet ruled on the planы. If the commission agrees with the market monitor, SPP would need to revisit its approach before moving forward.