market to market (M2M)
SPP and MISO met last week with their stakeholders to review the first five months of market-to-market operations between the two RTOs.
MISO and PJM have identified what lower-voltage flowgate projects could be done quickly and cheaply on their own sides of the seam.
FERC increased its pressure on PJM and MISO to resolve their longstanding boundary disputes, saying it was considering taking action “to improve the efficiency of operations” at the RTOs’ seam.
A round-up of news from the MISO Board of Directors Markets Committee meeting on Feb. 25, 2015.
A round-up of news from the PJM Market Implementation Committee (PJM MIC) on Feb. 11, 2015.
Market Monitor David Patton told the MISO Board of Directors’ Markets Committee that the RTO should see significant benefits from its market-to-market coordination with SPP.
FERC approved SPP’s market-to-market coordination rules with MISO, after the two RTOs resolved an earlier dispute over the creation of flowgates.
MISO’s Market Monitor urged FERC last week to resolve a standoff between MISO and PJM over interface pricing that he said is costing consumers millions.
PJM plans to change its definition of the PJM-MISO interface to eliminate double counting that can inflate congestion calculations in market-to-market transactions.
PJM will pay MISO $8.6 million to correct Market-to-Market accounting errors.
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