Joint and Common Market
MISO’s Board of Directors is expected next month to approve MISO and PJM’s first major interregional transmission project.
PJM and MISO said they plan to partner on an extra study to better coordinate their incremental auction revenue rights (IARRs) processes.
MISO and PJM plan to unveil rule changes that will better synchronize how they manage incremental auction revenue rights along their seam.
FERC rejected MISO's proposed pro forma agreement for pseudo-tying generation into PJM, saying the rules around termination were too broad.
MISO and PJM expect to begin implementing a two-part remedy to their double-charging of congestion fees on pseudo-tied generation early next year.
Monitor David Patton said PJM has for years been committing two market-to-market operations errors that have possibly cost MISO millions of dollars.
MISO and PJM are evaluating proposed interregional market efficiency projects, but a supplemental project by AEP could undermine most of the proposals.
Both MISO and PJM will attempt second drafts of their respective pseudo-tie requirements after receiving deficiency letters from FERC.
MISO and PJM are close to implementing a targeted market efficiency project type and poised to approve six such projects with cross-regional benefits.
MISO told their Planning Subcommittee that it's working to coordinate its generator retirement studies with PJM without changing the RTOs’ Tariffs.
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