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Electric Power Markets: Southeast
 

Southeast Electric Regions  
2007 Southeast Electric Region  
 
 
Overview

Market Description
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    Florida Reliability Coordinating Council (FRCC) and SERC Reliability Corporation (SERC) reliability regions minus the portions of SERC in the Midwest ISO (MISO) and in PJM.
Geography
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    States covered: All or most of Florida, Arkansas, Louisiana, Mississippi, Alabama, Georgia, Tennessee, North Carolina, South Carolina and parts of Missouri, Kentucky and Texas.

    Reliability region: Southeastern Electric Reliability Council (SERC) and Florida Reliability Coordinating Council (FRCC) [NERC regions map External Link]

    Balancing authorities: List | NERC balancing authority map External Link

    Hubs: Entergy, Southern, TVA

RTO/ISO
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    None

Generation/Supply
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    Marginal fuel type: Coal and natural gas

    Generating capacity (summer 2006): 299,712 MW

    Capacity reserve (summer 2006): 64,188 MW

    Reserve margin (summer 2006): 27%


Demand
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    All time peak demand: 237,100 MW (2005)

    In summer of 2006, demand in parts of the region, such as the Southern Company service area, reached record levels on several occasions due to extremely hot weather.

    Peak demand growth: -0.6% (2006–2005)

      2005 2006
    Summer Peak Demand (MW) 237,100 235,524
    Source: Derived from SERC and FRCC data and discussions

Prices
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    Annual Average of Daily Bilateral Day Ahead On-Peak Prices

    Platts “Into Southern” Index
    2004: $48.64/MWh
    2005: $70.84/MWh
    2006: $55.50/MWh
    2007: $59.10/MWh


Updated: January 12, 2009