SEEM to Host Board Meeting and Annual Stakeholder Gathering
SEEM Board Meeting and Annual Participant Gathering
The Southeast Energy Exchange Market (SEEM) is set to convene its Board Meeting and Annual Meeting of Participants and Stakeholders on May 6, 2025, at 2 p.m. ET. This important event will cater to those engaged in energy exchanges and related discussions.
Live Webcast Access and Registration
For those interested in attending, a live webcast of the conference call will be provided, ensuring accessibility for all stakeholders. It is essential for participants to register in advance to secure their admission. Registration can be completed through the provided link. The portion dedicated to stakeholders and participants will take place just before the board meeting.
Replay Availability
In case you miss the live session, a replay of the webcast will be accessible via the SEEM website, offering an opportunity to catch up on discussions and decisions made during the meetings.
Understanding SEEM's Structure and Functionality
SEEM is focused on facilitating intra-hour transactions by optimizing unused transmission capacity, which ultimately leads to cost savings across the board. The market adheres to all Federal Energy Regulatory Commission (FERC) approved rules and specifications applicable to current bilateral markets, while incorporating enhanced data transparency and reporting features. Participation in this innovative market structure is voluntary, welcoming any qualified entity that meets the established requirements.
Members and Participants of SEEM
The membership incorporates a diverse array of energy companies, including Associated Electric Cooperative, Dalton Utilities, Dominion Energy South Carolina, Duke Energy Carolinas, Duke Energy Florida, Duke Energy Progress, Georgia System Operations Corporation, Georgia Transmission Corporation, JEA, and many more. This collective effort aims to streamline energy transactions and enhance overall efficiency within the energy sector.
SEEM's Geographic Footprint and Impact
SEEM's operational reach spans across 12 states comprising 23 entities, accumulating over 180,000 megawatts (MW) of summer capacity and nearly 200,000 MW in winter capacity, further emphasizing its significance in managing energy supply. This robust structure connects with over 36 million retail customers, effectively serving the needs of approximately 60 million individuals in the region.
Frequently Asked Questions
What is the purpose of the SEEM Board and Annual Meeting?
The SEEM Board and Annual Meeting focus on discussing operational improvements and stakeholder engagement in energy exchanges.
How can participants register for the event?
Interested participants must register ahead of time through a designated registration link to attend the meeting.
Will there be a recorded version of the meeting available?
Yes, a replay of the meeting will be made available on the SEEM website for those who are unable to attend live.
Who are the members of SEEM?
SEEM includes various energy companies such as Duke Energy and Dominion Energy, among others, aiming for collaborative energy solutions.
What is the significance of SEEM's market structure?
SEEM's structure seeks to enable cost-effective intra-hour transactions while enhancing data transparency and market efficiency.
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