Court Finds That Southeast Market Transmission Scheme Protects Monopolies

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Federal court's rejection of the Southeast Energy Exchange Market (SEEM) marks a victory for consumers in the U.S. Market Transmission Scheme

solar, and energy storage assets, which are lowering prices, enhancing reliability, and slashing greenhouse gasses in other parts of the country. The decision marks a victory for consumers in the South, a region in need of significant energy reform to decrease energy burdens and advance the transition to a clean energy economy.

Five southern cities rank highest for high energy burdens among low-income residents: Memphis, New Orleans, Birmingham, Atlanta, Dallas.established a new, voluntary trading platform for eligible buyers and sellers to transact bi-lateral trades using an algorithm that matches bids to buy energy with offers to sell it using otherwise unused transmission capacity.

From the start of this case, the participating utilities have rejected the simple fixes NRDC and others sought that would have brought SEEM into compliance with Order 888, and instead mischaracterized our position as asking for a Regional Transmission Organization —a structure that operates the transmission system independently and promotes equitable access to transmission.

 

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