SPP Market definition

SPP Market means the regional energy market administered by SPP under its Integrated Marketplace tariff, initially scheduled to begin operations in 2014, and any successor regional energy market design.

Examples of SPP Market in a sentence

  • Completing the SPP Market registration required, which includes real-time data exchange and modeling coordination with SPP.

  • The Customer or its agent shall submit energy schedules to the SPP RTO in accordance with SPP Market Protocols or other SPP RTO requirements.

  • A Seller that elects to register its facilities in the SPP Market will receive a monthly payment that is the sum of all interval settlements for that month.

  • Self-registered Sellers shall arrange for meter output information to be provided directly to the SPP Market for settlements through the meter data agent role established in the SPP Market tariff.

  • If a Seller elects to register itself, Buyer shall purchase the Energy made available to Buyer by the Seller, but the Seller shall be responsible for all obligations of a registrant in the SPP Market, including settling all applicable SPP Market-related charges directly with the SPP.

  • A Resource, other than a Designated Resource, located outside of the SPP Market Footprint that is included in an SPP market Balancing Authority through an External Resource Pseudo-Tie.

  • These Resources may include generation or controllable load that is part of the SPP Market Footprint through its physical interconnection and External Resources included in the SPP Market Footprint through an External Resource Pseudo-Tie.

  • Seller shall present and offer the output of the Facility into the SPP Integrated Marketplace, including offer parameters addressing starts, shutdowns, ramping, and loading levels of the Generating Units associated with the Contract Capacity and Contract Energy, all in accordance with Good Utility Practices, Applicable Law, the SPP Market Protocols, the Transmission Tariff and Exhibit I – Operating Standards.

  • If the Seller elects to have Buyer register the Seller’s facilities in the SPP Market, Buyer will register the Seller in the SPP Market and will be responsible for providing the SPP with forecasts of the Seller’s output and managing the resource’s participation in the SPP Market.

  • A Seller shall inform the Buyer of any planned or unplanned outage or de-rate or any other significant change to the operating capability of the Seller as soon as reasonably practicable so that the Buyer can effectively manage its obligations under this Agreement and in the SPP Market, and to provide such other information regarding the Seller as may be reasonably required.