SPP Market Outlook: Strike While the Iron is Hot

With federal clean energy tax credits phasing out for new projects, existing wind projects nearing the end of their PTC window, and near-term load growth driven in part by SPP’s potential as a data center hub, SPP’s energy prices are expected to become higher and less volatile.

Solar and wind projects with safe-harbored tax credits will be well-positioned to benefit from rising future power prices, while storage will be well-positioned to benefit from SPP’s currently volatile power prices and relatively high near-term capacity value. Meanwhile, load-serving entities in the region will have to get used to a new paradigm of tight and expensive supply rather than historical capacity surpluses as retirements and growth in data centers and other load drive a growing need for new capacity.

In this webinar, Dr. Gary Dorris, CEO at Ascend Analytics, and Dr. Brent Nelson, Managing Director of Markets and Strategy, discuss Ascend’s latest SPP forecast release as well as opportunities and risks for developers, investors, and load-serving entities.  

Access this webinar now, or read more about how Ascend can help energy market stakeholders in SPP adapt and succeed in an environment with rapid load growth and increasingly tight supply.