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Electric Power Markets: Southeast

Southeast Electric Regions  
Southeast Electric Region  

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.
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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 PDF]

    Balancing authorities: See list on page 5 and 6.

    Hubs: Entergy, Southern, TVA

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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 (Southern Company only)
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    All time peak demand: 233,839 MW (2007)

    In summer of 2007, demand reached record levels on several occasions due to extremely hot weather.

    Peak demand growth: -4.2% (2007–2008)

      2006 2007 2008 2009
    Summer Peak Demand (MW) 228,150 233,839 223,976 194,556
    Source: Derived from Ferc Form 714

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    Annual Average of Daily Bilateral Day Ahead SOCO On-Peak Prices (Derived from Ventyx):
    2006: $58.29/MWh
    2007: $60.72/MWh
    2008: $79.56/MWh
    2009: $36.31/MWh

Contact Information:
For questions regarding the material in the Southeast section please contact our staff at: oversight@ferc.gov

Updated: February 26, 2015