Committees & Groups

Issue Details

Up To Congestion Transactions Financial and Node Limitation

There is a bid cap of +/-$50 for up to congestion transactions as well as limitation on nodes where up to congestion (UTC) transactions can be submitted in Day Ahead market. This bid cap prevents market participants from submitting UTC bids between nodes even in cases where congestion expected between these two nodes is more than $50. Also this bid cap prevents clearing of UTC bids when congestion is more than $50 for prevailing flow transactions, however it won’t prevent from clearing counter flow UTC transactions when congestion between two nodes is less than -$50. Node limitation forced market participants to bid alternate path resulting in overbid on certain paths and prevents some asset owners from utilizing UTC transactions as a hedging tool.

Proposed Timeline

Issue initiated: 1.8.2014
Work begins: 4.10.2014
Target Completion: TBD
Actual Completion: TBD

Issue Details

Stakeholder Body Energy Market Uplift Senior Task Force
Facilitator Tribulski, Jennifer
Subject Matter Expert Patel, Keyurbhai
Issue Catalyst Noha Sidhom
Issue Status Closed
Manual Changes No
  • Stakeholder Process Step

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