Committees & Groups

Issue Details

Interface Pricing

This issue concerns resolution of determination of pricing mechanisms for transactions spanning PJM's borders. PJM generally utilizes 7 interface prices to price external interchange transactions (IMO, NYISO, MISO, Northwest, SOUTHIMP, SOUTHEXP, OVEC). Interface prices are composed of external bus prices in a neighboring region. Following the Southeast/Southwest interface consolidation, PJM entered into agreements to price transactions to/from certain external control areas at a more granular level when dynamic, real time verification can be obtained. PJM has been requested to expand the assignment of these more granular interface prices to transactions to/from these control areas by entities that do not own the physical assets.

Proposed Timeline

Issue initiated: 6.11.2008
Work begins: TBD
Target Completion: TBD
Actual Completion: TBD

Issue Details

Stakeholder Body Market Implementation Committee
Subject Matter Expert Bresler, Frederick S. (Stu) III
MC Approval Date 11.20.2008
Problem Statement/
Issue Charge First Read
6.11.2008
Issue Catalyst Concerns by PJM and Independent Market Monitor over current interface pricing agreements
Issue Status Closed
Manual Changes No
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