Southwest Power Pool 2023 Member Value Statement Overview
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2023 MEMBER
VALUE STATEMENT
2023 MEMBER
VALUE
In 2023, Southwest Power Pool provided
$3.621
billion
in savings and benefits to our members.
Operations and Reliability: $905.2 million
SPP operates from a regional perspective. This
reduces costs and required energy reserves and
increases efficiency.
Markets: $2.250 billion
SPP’s Integrated Marketplace combines efficient
and economic day-ahead, real-time and
transmission markets.
Transmission: $446.7 million
SPP’s collaborative, stakeholder-driven
transmission planning processes result in robust
infrastructure and have rapidly and reliably
integrated renewables.
Tariff, Scheduling and Services: $42.9 million
SPP’s industry-leading services and training meet
the compliance, settlements, engineering, tariff
and scheduling needs of our customers on a
regional scale.
$3.621 BILLION
2023 SAVINGS AND BENEFITS
20:1 RETURN ON INVESTMENT
BENEFITS
COSTS
Tariff, Scheduling
& Services
Transmission
(Benefits & Savings)
Markets
Operations
& Reliability
FERC &
Scheduling Fees
$42.9 million
$971.3 million
$
2.250
billion
$905.2 million
-$24.2 million
-$185 million
Net Revenue
Requirement
2023 ATRR for
2015-2019
projects
($3.787 billion)
Transmission
(
Revenue Requirement
)
-$
524.6
million
Note: C
hart is for illustrative purposes
and not to exact scale
A
HISTORY OF VALUE
No MVS
calculated in
2019 as SPP
conducted a
methodology
improvement
INDIVIDUALIZING VALUE
Benefits
Related to
Load Share
•
Markets
•
Wind Integ.
•
VOT
•
Capacity
•
FERC Fees
Member
multiplies
total by their load
ratio share of MWh
Services
Benefits
•
Reliability
•
Tariff, Sched.
•
Prof. Services
Range of benefits:
Low: Total / 110
High: LRS * Total
RSG
Benefit
Member uses a
table
of values
to identify
savings from
RSG in their
control zone
17
Net Unique
Costs &
Benefits
Member subtracts:
Their org’s Sched. 1A
Their org’s ATRR
Member adds:
Their net benefit from
market participation,
transmission rights,
hedging and policy
facilitation.
$
Southwest Power Pool (SPP) presented a comprehensive overview of its 2023 member value statement, highlighting $3.621 billion in savings and benefits to members. The statement outlines the key areas contributing to these savings, including operations and reliability, markets, transmission, and tariff services. SPP's collaborative approach and efficient marketplace have delivered significant returns on investment and benefit-to-cost ratios, demonstrating a commitment to responsible and economical energy management for the present and future.
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Presentation Transcript
2023 MEMBER VALUE STATEMENT Working together to responsibly and economically keep the lights on today and in the future. SPPorg southwest-power-pool 1 SouthwestPowerPool
2023 MEMBER VALUE In 2023, Southwest Power Pool provided $3.621 billion in savings and benefits to our members. 2
$3.621 BILLION 2023 SAVINGS AND BENEFITS Operations and Reliability: $905.2 million SPP operates from a regional perspective. This reduces costs and required energy reserves and increases efficiency. Markets: $2.250 billion SPP s Integrated Marketplace combines efficient and economic day-ahead, real-time and transmission markets. Transmission: $446.7 million SPP s collaborative, stakeholder-driven transmission planning processes result in robust infrastructure and have rapidly and reliably integrated renewables. Tariff, Scheduling and Services: $42.9 million SPP s industry-leading services and training meet the compliance, settlements, engineering, tariff and scheduling needs of our customers on a regional scale. 3
20:1 RETURN ON INVESTMENT $2.250 billion 20 TO 1 BENEFIT-TO-COST RATIO $971.3 million $905.2 million -$185 million $42.9 million -$524.6 million -$24.2 million Net Revenue Requirement Tariff, Scheduling & Services Operations & Reliability Markets Transmission (Benefits & Savings) 2023 ATRR for 2015-2019 projects FERC & Scheduling Fees COSTS BENEFITS ($3.787 billion) Transmission (Revenue Requirement) 4 Note: Chart is for illustrative purposes and not to exact scale
A HISTORY OF VALUE $3.787 B $3980 M $3.621 B $38 M $43 M $441 M $3480 M $447 M $2980 M $2.70 B $38 M $377 M $2480 M $2.24 B $2.14 B $37 M $2304 M $38 M $2250 M $1.78 B $1980 M $1.71 B No MVS calculated in 2019 as SPP conducted a methodology improvement $30 M $768 M $985 M $30 M $1423 M $1480 M $651 M $683 M $980 M $744 M $728 M $592 M $546 M $1026 M $480 M $905 M $879 M $604 M $525 M $509 M $477 M -$20 M 2016 2017 2018 2019 2020 2021 2022 2023 Operations & Reliability Markets Transmission Professional Services FERC Fees Total 5
INDIVIDUALIZING VALUE $ 17 Net Unique Costs & Benefits Benefits Related to Load Share Markets Wind Integ. VOT Capacity FERC Fees RSG Benefit Services Benefits Reliability Tariff, Sched. Prof. Services Member subtracts: Their org s Sched. 1A Their org s ATRR Member uses a table of values to identify savings from RSG in their control zone Member adds: Their net benefit from market participation, transmission rights, hedging and policy facilitation. Range of benefits: Low: Total / 110 High: LRS * Total Member multiplies total by their load ratio share of MWh 6
