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FERC chairman says SPP "market plus" proposal approved unanimously
Summary
The Federal Energy Regulatory Commission chairman announced unanimous approval of the SPP "market plus" proposal (docket e1), calling it a step that meets reliability, affordability and sustainability goals; the transcript did not provide a vote tally.
The Federal Energy Regulatory Commission chairman announced that the commission approved the SPP "market plus" proposal (docket e1) unanimously, saying the action ‘‘checks all three boxes’’ of reliability, affordability and sustainability.
At a briefing, a reporter asked whether approving docket e1 signaled the commission believes two markets can coexist or whether competing markets would reduce consumer benefits. The chairman replied that the proposal, "now approved, unanimously approved," is "a good step in the right direction for consumers," and reiterated that reliability, affordability and sustainability have been priorities.
The transcript records the chairman describing the approval as beneficial for consumers but does not give a roll-call or numerical vote tally; he summarized the decision and its aims rather than detailing next implementation steps. The transcript does not record a mover, seconder, or a formal recorded vote count.
The commission approved the SPP market-plus approach as presented on the docket; the chairman framed the action as advancing consumer interests while supporting system reliability. The briefing did not include further procedural detail about implementation timelines or filings required to carry out the order.
The meeting concluded shortly after the announcement; the transcript records closing remarks but no additional actions tied to docket e1.
