Committees & Groups

Issue Details

Up To Congestion Transaction Enhancement

PJM staff has experienced increases in up to congestion bid volumes. It is possible continued increasing volume could cause concern regarding the ability for the Day Ahead Market to solve in the required timeframe. PJM staff believes the addition of an Operating Agreement provision to protect against excessive bid volumes would be beneficial. The IMM has recommended the application of FTR forfeiture rules to up to congestion transactions because they are analogous to other virtual bids and offers from this perspective.

Proposed Timeline

Issue initiated: 11.28.2012
Work begins: TBD
Target Completion: TBD
Actual Completion: TBD

Issue Details

Stakeholder Body Market Implementation Committee
Subject Matter Expert Ward, Mike
Problem Statement/
Issue Charge First Read
11.7.2012
Issue Catalyst PJM staff and IMM
Issue Status Closed
Manual Changes Yes
Agreement Changes Open Access Transmission Tariff, Operating Agreement
  • Stakeholder Process Step

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