Committees & Groups

Issue Details

Up-To Congestion Transactions

This issue concerns transactions (Up-To Congestion transactions) that were created as a mechanism to provide some price certainty in the day-ahead energy market. Customers can specify how much they are willing to pay for congestion between a transaction source and sink. If the congestion charges are up to or less than the specified amount, then the transaction is scheduled. These transactions were also eligible for allocation of Marginal Loss over-collections. PJM and its market monitor learned of behavior in which parties were alleged to be submitting uneconomic up-to congestion bids as a means of collecting marginal loss over-collection allocations in excess of the cost of their Up-To Congestion bids.  

Proposed Timeline

Issue initiated: 9.27.2010
Work begins: TBD
Target Completion: TBD
Actual Completion: TBD

Issue Details

Stakeholder Body Members Committee
Subject Matter Expert Anders, David
MC Approval Date 6.23.2011
Problem Statement/
Issue Charge First Read
9.27.2010
Issue Catalyst Uneconomic up-to congestion bids  
Issue Status Closed
Manual Changes No
Agreement Changes Operation Agreement, Open Access Transmission Tariff
  • Stakeholder Process Step

  • Completed Approved
  • Completed Education
  • Completed Interest
  • Completed Design
  • Completed Options
  • Completed Packages
  • Completed Consensus
  • Completed Review
  • Completed Completed