Both involve 50-megawatt blocks of energy for delivery "into Southern" during the 16-hour period from 6 a.m. The day-ahead energy auction consists of two simultaneous auctions - one for firm-LD energy and one for recallable energy. The following describes the particulars of the Phase II Energy Auction. All prospective participants must execute a Participation Agreement before participating in the energy auction. Participation in the auction as either a buyer or a seller is open to any entity that is qualified to transact in the wholesale markets of the Southern Balancing Authority Area. Phase II of the energy auction was subsequently implemented on January 4, 2010. This "Phase II" compliance filing was accepted by FERC on December 17, 2009. On OctoSouthern Company submitted a Compliance Filing to FERC that contained tariff revisions necessary to incorporate third party sellers per that acceptance order. 18, 2008 acceptance order required the expansion of the energy auction to include third party sellers within one year. The governing terms and conditions are set forth in Southern Company's Market-Based Rate Tariff, which is on file with FERC and accessible at One of the conditions set forth by FERC in their Dec. The implementation subsequently began on April 23, 2009. This Compliance Filing was accepted by FERC on March 25, 2009. 18, 2008, and Southern Company filed their Compliance Filing accepting all conditions on Jan. The proposal was conditionally accepted by FERC on Dec. The purpose of the energy auction is to resolve perceptions that Southern Company could exercise horizontal market power through the physical or economic withholding of generation. The proposal includes simultaneous day-ahead energy auctions for firm-LD energy and recallable energy, along with an hour-ahead energy auction for non-firm energy. 17, 2008, Southern Company filed with the Federal Energy Regulatory Commission (FERC) amendments to its Market-Based Rate Tariff to incorporate a must-offer, energy auction. Get the latest sustainability reports and data downloads from Southern Company, showcasing our commitment to a better, more sustainable future. Constructive Regulation & Public Policy.Affordability and Low-Income Assistance.Reliability, Resilience & Affordability.Learn about our efforts to create a more sustainable future for all. Southern Company is committed to sustainability, reliability, and affordability. Southern Company system employees are inextricably woven into the communities we are privileged to serve. Employees routinely work under conditions that require exceptional safety measures and awareness. Safety is a core value throughout the Southern Company system. Southern Company commits to promote an actively anti-racist culture and to ensure that all groups are well-represented, included and fairly treated within all levels of the organization. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. We value your feedback and look forward to hearing from you. Please take a moment to complete the questions below. As we work to understand the best ways forward, we will continue bold and honest discussions within our company. We’re committed to supporting and improving our communities and environment.Īcross Southern Company, we are looking to improve relations between all members of the communities where we live and work. Our mission to provide clean, safe, reliable and affordable energy is about more than our bottom line. We’re recognized as a leader in our space for the strides we make in advancing sustainable energy. Our values set us apart, and they make us who we are.Īt Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Weighted Average Hour-Ahead Transaction Pricesīuilding the future of energy is a big mission, and we’re honored to take it on.We’re always looking ahead, and our innovations in the industry-from new nuclear to deployment of electric transportation and renewables -help brighten the lives and businesses of millions of customers nationwide. We’ve made our name as a leading producer of clean, safe, reliable and affordable energy, and we approach each day as a vital step in building the future of energy. While Atlanta is our home, we bring energy to homes and businesses across the country.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |