PJM and NYISO stakeholders met in New York for a nearly daylong meeting to discuss cost allocation and ways to evaluate the value of PARs.

The PJM Operating Committee discussed how difficult power demand was to forecast in March as a snowstorm was followed by exceptionally warm weather.

PJM and NYISO are in a dispute over who should pay to replace a failed phase angle regulator (PAR) in Ramapo, N.Y.

The PJM Operating Committee discussed a recent performance assessment hour simulation and debated replacing a phase angle regulator.

At last week's PJM Operating Committee, PJM and NYISO released last week their joint whitepaper on replacing the Con Ed-PSEG wheel, which will end May 1.

FERC ruled against a proposal by MISO and ITC Holdings that would have allocated the costs of phase angle regulating transformers to PJM and NYISO.

PJM and NYISO officials said that an analysis indicates a reduced version of the current pattern is the best resolution when the Con Ed-PSEG ‘wheel’ ends.

PJM will hold a meeting Monday to seek stakeholder input on options for replacing the Con Ed-PSEG “wheel.” NYISO meeting in September.

PJM is using a three-pronged approach to prepare for next year’s termination of the Con Ed-PSEG wheel.

The PJM Planning Committee voted to sunset two task forces and the Transmission Expansion Advisory Committee discussed five market efficiency projects.