FEDS SMOOTH NY-MIDWEST ENERGY MRKT INTERCONNECT
FERC Signs Off On Coordinated Transaction Scheduling For PJM And NYISO
March 17, 2014 (Renew Grid)
“The Federal Energy Regulatory Commission (FERC) has approved tariff revisions for the New York Independent System Operator (NYISO) and PJM Interconnection that PJM says will help improve scheduling of wholesale electricity sales between the two regions…[The approval of the] coordinated transaction scheduling (CTS) will help enable PJM and NYISO to make more efficient use of the transmission lines that connect the two regions…[T]echnical enhancements include increasing the frequency of scheduling energy transactions over the transmission network between the two regions and implementing software changes to enable the two grid operators to coordinate their selection of the most economic transactions…Implementation of CTS is scheduled for November…” click here for more
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